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ABC Co. is contemplating on issuing a 12%, 3-year, ?1,000,000 bonds. Principal is due at maturity but interest is due semi-annually every July 1 and

ABC Co. is contemplating on issuing a 12%, 3-year, ?1,000,000 bonds. Principal is due at maturity but interest is due semi-annually every July 1 and December 31. ABC determines that the current mark...

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