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) BBL Corp. has a bond issue outstanding that pays $200 at the end of every year. It has a face value (par value) of
) BBL Corp. has a bond issue outstanding that pays $200 at the end of every year. It has a face value (par value) of $1,000 and will mature in four years. Similar bonds are priced to yield 10% per year. What would you expect this bond to sell for?
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