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Doisneau 24-year bonds have an annual coupon interest of 9 percent, make interest payments on a...

Doisneau 24-year bonds have an annual coupon interest of 9 percent, make interest payments on a semiannual basis, and have a $1,000 par value. If the bonds are trading with a market’s required yeild to maturity of 14, What is the price of these bonds.


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