Grohl Co. issued 8-year bonds a year ago at a coupon rate of 6 percent....
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Finance
Grohl Co. issued 8-year bonds a year ago at a coupon rate of 6 percent. The bonds make semiannual payments. If the YTM on these bonds is 7 percent, what is the current bond price?
rev: 09_18_2012
Multiple Choice
$970.63
$945.40
$815.71
$1,386.22
$955.40
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