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Blossom Inc. has seven - year bonds outstanding that pay a 1 4 percent coupon rate. Investors buying these bonds today can expect to earn
Blossom Inc. has sevenyear bonds outstanding that pay a percent coupon rate. Investors buying these bonds today can expect to earn a yield to maturity of percent. What is the current value of these bonds? Assume annual coupon payments and face value is $Round answer to decimal places, egCurrent value$
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