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Builtrite bonds have the following: 6 % coupon, 20 years until maturity, $1000 par and are currently selling at $943. If you want to make
Builtrite bonds have the following: 6 % coupon, 20 years until maturity, $1000 par and are currently selling at $943. If you want to make an 7% return, what would you be willing to pay for the bond?
Group of answer choices
$931`
$939
$947
$958
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