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Air Taxi, Inc. has issued a bond with the following characteristics: Par Value Settlement date Maturity date Annual coupon rate Coupons per year Yield to

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Air Taxi, Inc. has issued a bond with the following characteristics: Par Value Settlement date Maturity date Annual coupon rate Coupons per year Yield to maturity 1,000 1/1/2015 7.00% 2 7% | O $620.32 $40.00 $746.88 $1,000.00

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