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assume deriener company sold an bonds with a 12 year maturity a 1200 par value and 6 percent coupon rate and annual interest payments. And

assume deriener company sold an bonds with a 12 year maturity a 1200 par value and 6 percent coupon rate and annual interest payments. And the required rate of return on such bonds were 5 What will be the initial sales price of the bonds

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