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Aloha, Inc., has 4.5 percent coupon bonds on the market that have 14 years left to maturity. If
the YTM on these bonds is 5.3 percent. what is the current bond price? (Do not round
intermediate calculations. Round your answer to 2 decimal places.)

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Aloha, Inc., has 4.5 percent coupon bonds on the market that have 14 .pdf

  • 1. Aloha, Inc., has 4.5 percent coupon bonds on the market that have 14 years left to maturity. If the YTM on these bonds is 5.3 percent. what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)