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The Diamond Co. just issued some new bonds with a maturity of 15 years and a face value of $1,000. Similar bonds have an annual coupon rate of 8.5%, and a yield to maturity of 7.2%. what is the current price of these bonds? Round to the nearest cent. Do not a dollar sign in your answer. (i. e. If your answer is $432.51, then type 432.51 without $ sign)
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The Diamond Co. just issued some new bonds with a maturity of 15 years and a face value of $1,000. S...
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