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QUESTION
6) App store Co. Issued a 15-year bond one year ago at a coupon rate of 6.1 one percent. The bond s makes semiannual payments. If the YTM on these
6) App store Co. Issued a 15-year bond one year ago at a coupon rate of 6.1 one percent. The bond s makes semiannual payments. If the YTM on these bonds is 5.3 percent, what is the current bond price?
