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Westco Company issued 1 0 - year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have
Westco Company issued year bonds a year ago at a coupon rate of percent. The bonds make semiannual payments and have a par value of $ If the YTM on these bonds is percent, what is the current bond price in dollars? Do not round intermediate calculations and round your answer to decimal places, eg
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