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DAH, Inc. has issued a 12% bond that is to mature in 7 years. The bond had a $1,000 par value, and interest is due
DAH, Inc. has issued a 12% bond that is to mature in 7 years. The bond had a $1,000 par value, and interest is due to be paid semiannually. If the firm rating is BBB+, what price would you be willing to pay for the bond? (Use the table below to solve the question)
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