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What is the current bond price

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Reference no: EM131871834

Question - Squeekers Co. issued 15-year bonds a year ago at a coupon rate of 7.5 percent. The bonds make semiannual payments and have a par value of $1,000.

If the YTM on these bonds is 5.8 percent what is the current bond price?

Reference no: EM131871834

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