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Brookline Co.s bonds have a coupon rate of 7.9 percent and mature in 12 years....

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Finance

Brookline Co.s bonds have a coupon rate of 7.9 percent and mature in 12 years. The bonds make semiannual payments and have a par value of $1,000. If the yield to maturity on these bonds is 6.2 percent, what is the price of these bonds?

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