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6. Racketeering Solutions advisory firm just issued 30-year, 8% semiannual coupon bonds with $1,000 par value and 6.7% yield to maturity. How much should an
6. Racketeering Solutions advisory firm just issued 30-year, 8% semiannual coupon bonds with $1,000 par value and 6.7% yield to maturity. How much should an investor be willing to pay for one of these bonds?
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