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Forefront Fencing issues new 8-year bonds with a 4% coupon. You pay $904 for $1,000 par value. Assuming the bonds pay semiannually, what will be

Forefront Fencing issues new 8-year bonds with a 4% coupon. You pay $904 for $1,000 par value. Assuming the bonds pay semiannually, what will be your average total return over the life of the bonds?

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