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Dhalia Corporation issued $ 1 0 0 million bonds at par that mature in 2 0 years and have a 5 % coupon rate that

Dhalia Corporation issued $100 million bonds at par that mature in 20 years and have a 5% coupon rate that is paid annually. If the bonds were sol to yield 3%, determine the price of all of the bonds at the end of year 15. a)1,185.59, b)1,238.76, c)118,559,602.90, d)123,875,870.20

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