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Adam corporation outstanding bond selling at 950$. The bond has a face value of 1000$. Annual coupon rate of 8%. And 15 years until maturity.

Adam corporation outstanding bond selling at 950$. The bond has a face value of 1000$. Annual coupon rate of 8%. And 15 years until maturity. New bonds will be as risky AS the old ones. However, the f...

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