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Business, 20.12.2019 01:31 hectorav6619

Booker petroleum refiners (bpr) has an issue of 8-year, 11% annual coupon bonds outstanding. the bonds, which were originally issued 12 years ago, have a face value (fv) of $1,000, a yield to maturity (ytm) of 7%, and are noncallable. what is the current market price of bpr’s bonds? (note: do not round your intermediate calculations.)

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