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You are thinking of purchasing one of Jittery Joes Coffee Shops twenty -year bond that has twelve years left to maturity, it has a coupon

You are thinking of purchasing one of Jittery Joes Coffee Shops twenty -year bond that has twelve years left to maturity, it has a coupon rate of 5.80 percent and makes quarterly payments. If the YTM on these bonds is 5.4 percent, what is the current bond price?

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