Podalic, Inc., has 10% percent coupon bonds on the market with 12 years left to...

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Podalic, Inc., has 10% percent coupon bonds on the market with 12 years left to maturity. The bonds make semi-annual payments and have a par value of $1,000. If the bonds have a yield to maturity of 6.9 percent, what is the price? Select one: a. 1796.31 b.$899.50 c. $1125.50 d. $1250.22 Nu Jump to

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