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Company has 5,000,000 shares of common stock outstanding with a market price of $9.00 per share. It has 25,000 bonds outstanding, each selling for $1,100.

Company has 5,000,000 shares of common stock outstanding with a market price of $9.00 per share. It has 25,000 bonds outstanding, each selling for $1,100. The bonds mature in 12 years, have a coupon r...

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