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Dexter Mills issued 10-year bonds a year ago at a coupon rate of13.2 percent. The bonds make semiannual payments. Theyield-to-maturity on these bonds is 9.6

Dexter Mills issued 10-year bonds a year ago at a coupon rate of13.2 percent. The bonds make semiannual payments. Theyield-to-maturity on these bonds is 9.6 percent. Assume the parvalue is 1,000 US 2 answers

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