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A firm has a credit rating of Baa. Its $ 1 , 0 0 0 par value, 1 5 - year bonds pay a 6
A firm has a credit rating of Baa. Its $ par value, year bonds pay a coupon. If the current market for Baarated debt is how much would you be willing to pay for one of these bonds?
Select one:
a $
b $
c $
d $
e $
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