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Consider Fulton Manufacturing Company's 8 7 . 5 percent bonds that mature on April 1 5 , 2 0 2 3 . Assume that the
Consider Fulton Manufacturing Company's percent bonds that mature on April Assume that the interest on these bonds is paid and compounded annually. Determine the value of a $ denomination Fulton bond as of April to an investor who holds the bond until maturity and whose required rate of return is percent. points
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