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Ww Corp., has 8 percent coupon bonds on the market that have 12 years left to maturity. The bonds make semiannual payments. If the
Ww Corp., has 8 percent coupon bonds on the market that have 12 years left to maturity. The bonds make semiannual payments. If the YTM on these bonds is 8 percent, what is the current bond price? Answer the question with 2 decimals (e.g. 987.65 or 1234.56)
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