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Consider the following information for Watson Power Company:Debt: 4,000 5.5 percent coupon bonds outstanding, $1,000 par value,22 years to maturity, selling for 103 percent of

Consider the following information for Watson Power Company:Debt: 4,000 5.5 percent coupon bonds outstanding, $1,000 par value,22 years to maturity, selling for 103 percent of par; the bondsmake se 2 answers

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