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Find what is the current bond price

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Reference no: EM132745054

Problem 1: Ninja Co. issued 10 year bonds a year ago with a coupon rate of 8%. The bonds make semi annual payments. If the YTM on these bonds is 6%, what is the current bond price?

A. $974.52

B. $1000.00

C. $1137.16

D. $1149.89

E. $1185.76

Reference no: EM132745054

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