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8) Marwick Corporation issues 8%, 5-year bonds with a par value of $1,000,000 and 18 semiannual interest payments. On the issue date, the annual market
8) Marwick Corporation issues 8%, 5-year bonds with a par value of $1,000,000 and 18 semiannual interest payments. On the issue date, the annual market rate for these bonds is 6%. What is the bond's i...
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