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Hello Cat Corporation has bonds with 20 years left until maturity, with a 7% annual coupon and a par value of $1,000. The yield-to-maturity on these bonds is 6.3%. What is the current price of the bonds? A. $1,114.70 B. $1,078.37 C. $1,043.73 D. $1,010.68 E. $979.14 F. $949.03 G. $920.27 H. $901.82
Sagot :
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