Dufner Co. issued 15-year bonds one year ago at a coupon rate of 4.8 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.3 percent, what is the current dollar price assuming a $1,000 par value? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
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Dufner Co. issued 15-year bonds one year ago at a coupon rate of 4.8 percent. The bonds make semiann...
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