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( 5 points ) To speed the recovery from a recent earthquake, Dong Hwa Inc. issues a $ 8 0 0 million, twenty - year
points To speed the recovery from a recent earthquake, Dong Hwa Inc. issues a $ million, twentyyear bonds with an annual coupon rate of and uses a sinking fund to repurchase five percent of the bond issue on each coupon payment date. What payment must Dong Hwa make on the final payment?
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