(Answered) Please answer this question and show your work thanks lycan

Finance

Please answer this question and show your work. Thanks!!!! Lycan, Inc. has 7 percent coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 8.4 percent, what is the current bond price?

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