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What is the current bond price-weismann co

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Weismann Co. issued 16-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 11 percent, what is the current bond price? I keep getting 1343 for this but its not right

Reference no: EM132491605

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