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Builtrite bonds have the following: 5 12% coupon, 14 years until maturity, $1000 par and are currently selling at $952. If you want to make
Builtrite bonds have the following: 5 12% coupon, 14 years until maturity, $1000 par and are currently selling at $952. If you want to make an 6% return, what would you be willing to pay for the bond? $921 $934 $953 $972
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