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17 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 7.14 percent annual coupon rate, paid semiannually. The bonds had a

17 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 7.14 percent annual coupon rate, paid semiannually. The bonds had a $1,000 face value. Since then, interest rates in gen...

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