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28) Company Zero has issued bonds with a par value of $1,000, a coupon rate of $80 (annually) which mature in 11 years? Assume a
28) Company Zero has issued bonds with a par value of $1,000, a coupon rate of $80 (annually) which mature in 11 years? Assume a required rate of return of 11%. a) [6 pts] What is the current value of one of these bonds? b) [2 pts] Are the bonds trading at a premium or a discount? LIMANJ
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