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QUESTION
Grohl Co. issued 11-years bond a year ago at a coupon rate of 6.9 percent. the bonds make semiannual payments. if the YTM on these bonds is 7.4
Grohl Co. issued 11-years bond a year ago at a coupon rate of 6.9 percent. the bonds make semiannual payments. if the YTM on these bonds is 7.4 percent. what is the current bond price?
