UWW has 9 percent coupon bonds on the market that have 29 years left to...
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UWW has 9 percent coupon bonds on the market that have 29 years left to maturity. The bonds make semiannual payments. If the VTM on these bonds is 11 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 1234.56) UWW has 9 percent coupon bonds on the market that have 29 years left to maturity. The bonds make semiannual payments. If the VTM on these bonds is 11 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 1234.56)
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