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Company plans to issue bonds with a 1 0 - year maturity, $ 1 , 0 0 0 par, a 1 2 percent coupon rate,
Company plans to issue bonds with a year maturity, $ par, a percent
coupon rate, and semiannual interest payments. Bonds of the same risk are currently having a
yield to maturity of percent. What is the value of these bonds?
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
