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A companys bonds have a face value of $1000. The bonds carry a 7 % coupon, pay interest semiannually, and mature in 5 years. What
- A companys bonds have a face value of $1000. The bonds carry a 7 % coupon, pay interest semiannually, and mature in 5 years. What is the current value of these bonds if the yield to maturity is 9.03%?
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