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CMS Corporation's balance sheet as of today is as follows: The bonds have a 4.1% coupon rate, payable semiannually, and a par value of $1,000.

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CMS Corporation's balance sheet as of today is as follows: The bonds have a 4.1\% coupon rate, payable semiannually, and a par value of $1,000. They mature exactly 10 years from today. The yield to maturity is 12%, so the bonds now sell below par. What is the current market value of the firm's debt? Select the correct answer. a. $5,470,207 b. $5,466,902 c. $5,468,555 d. $5,469,381 e. $5,467,728

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