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Grossnickle Corporation issued 15-year, noncallable, 9.1% annual coupon bonds at their par value of $1 ,ooo one year ago. Today, the market interest rate on
Grossnickle Corporation issued 15-year, noncallable, 9.1% annual coupon bonds at their par value of $1 ,ooo one year ago. Today, the market interest rate on these bonds is 7.0% . What is the current p
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