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Exodus Limousine Company has $1,000 par value bonds outstandingat 19 percent interest. The bonds will mature in 40 years.Compute the current price of the bonds

Exodus Limousine Company has $1,000 par value bonds outstandingat 19 percent interest. The bonds will mature in 40 years.Compute the current price of the bonds if the percent yield tomaturity is:( 2 answers

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