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Question: Ninja Co. issued 15-year bonds a year ago, at a coupon rate of 8.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.4 percent, what is the current bond price? (Round your answer to 2 decimal places, (e.g., 32.16)) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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