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ABC COMPANY ISSUED BOND MATURE IN 20 YEARS, HAVE A PAR VALUE OF 100,000, AND MAKE AN ANNUAL COUPON INTEREST RATE OF 20%. THE MARKET

ABC COMPANY ISSUED BOND MATURE IN 20 YEARS, HAVE A PAR VALUE OF 100,000, AND MAKE AN ANNUAL COUPON INTEREST RATE OF 20%. THE MARKET REQUIRES RATE OF RETURNS OF 15% ON THESE BONDS. WHAT THE BOND'S CURRENT PRICE?

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