BCC has bonds that trade frequently, pay a 7.75 percent coupon rate, and mature in 2015. The
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BCC has bonds that trade frequently, pay a 7.75 percent coupon rate, and mature in 2015. The bonds mature on March 1 in the maturity year. Suppose an investor bought this bond on March 1, 2010, and assume interest is paid annually on March PO85
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