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XYZ Corp. has a bond issue with a $ 1 , 0 0 0 par value and a 1 2 % coupon rate. It pays
XYZ Corp. has a bond issue with a $ par value and a coupon rate. It pays interest annually and has years remaining to maturity. It just made a coupon payment ie it has coupon payments left to make If the yield to maturity of bonds with similar risk and maturity is What the price of XYZs bond today? Round your final answer to two decimals.
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