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Bank of America plans to issue bonds that pay a coupon interest rate of 8% and mature in 30 years. If investors have a required

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Bank of America plans to issue bonds that pay a coupon interest rate of 8% and mature in 30 years. If investors have a required rate of return of 7.50%, can they sell their bonds at a price of $1,100? How about they sell the bonds at a price of $1,058? Bank of America can sell their bonds at price of $1,100 Bank of America can sell their bonds at price of $1,058 Bank of American can sell it at both price. Bank of America plans to issue bonds that pay a coupon interest rate of 8% and mature in 30 years. If investors have a required rate of return of 7.50%, can they sell their bonds at a price of $1,100? How about they sell the bonds at a price of $1,058? Bank of America can sell their bonds at price of $1,100 Bank of America can sell their bonds at price of $1,058 Bank of American can sell it at both price

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