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Bond Valuation and Interest Rate RiskThe Garraty Company has two bond issues outstanding. Both bondspay $100 annual interest plus $1,000 at maturity. Bond L has

Bond Valuation and Interest Rate RiskThe Garraty Company has two bond issues outstanding. Both bondspay $100 annual interest plus $1,000 at maturity. Bond L has amaturity of 15 years, and Bond S ha 2 answers

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