Question: Dufner Co . issued 1 5 - year bonds one year ago at a coupon rate of 6 . 6 percent. The bonds make semiannual

Dufner Co. issued 15-year bonds one year ago at a coupon rate of 6.6 percent. The bonds make semiannual payments.
If the YTM on these bonds is 5.5 percent, what is the current dollar price assuming a par value of $1,000?

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