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25 January, 12:37

Lycan, Inc., has 8.8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 10.8 percent, what is the current bond price

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  1. 25 January, 13:22
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    The bonds make annual payments and have a par value of $1,000.
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