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ABCs 4.4% bond matures in 6 years. If the current required return on bonds of this risk is 2.4%, how much should you pay for
ABCs 4.4% bond matures in 6 years. If the current required return on bonds of this risk is 2.4%, how much should you pay for this bond? What is the quoted price of this bond? If ABC wants to raise $25m how many bonds do they need to issue?
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