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Fingen's 19?-year, ?$1,000 par value bonds pay 14 percent interest annually. The market price of the bonds is $1,140 and the? market's required yield to
Fingen's 19?-year, ?$1,000 par value bonds pay 14 percent interest annually. The market price of the bonds is $1,140 and the? market's required yield to maturity on a?comparable-risk bond is 1...
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