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Four years ago, Beer Necessities Inc. (BN) issued a bond with a $1,000 face value, semi-annual coupons, 8% coupon rate, and 20-year maturity. The bond

Four years ago, Beer Necessities Inc. (BN) issued a bond with a $1,000 face value, semi-annual coupons, 8% coupon rate, and 20-year maturity. The bond originally (four years ago) sold at par. Today, t...

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