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7-6. (Bond valuation) Shelly Inc. bonds have a 6 percent coupon rate. The interest is paid semiannually and the bonds mature in 8 years. Their
7-6. (Bond valuation) Shelly Inc. bonds have a 6 percent coupon rate. The interest is paid semiannually and the bonds mature in 8 years. Their par value is $1,000. If your required rate of return is 4...
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