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an American firm has an outstanding bond issue that has 6 years remaining until maturity.the bonds were issued with a 6% coupon rate and a

an American firm has an outstanding bond issue that has 6 years remaining until maturity.the bonds were issued with a 6% coupon rate and a par value of 1000.because of increased risk the required rate has risen to 10%what is the current value of these bonds? a-$656.40 b-$899.00 c-$825.79 d-$569.50

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