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Ford Motor Company issued bonds with a face value of $1,500, a coupon rate of 4.5%, and a maturity period of 12 years. Describe the
Ford Motor Company issued bonds with a face value of $1,500, a coupon rate of 4.5%, and a maturity period of 12 years. Describe the factors that influence bond valuation and explain how changes in interest rates affect bond prices.
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