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Holiday Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of 9.5%. If

Holiday Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of 9.5%. If the current market interest rate is 8.0%, at what price should the bonds sell? show work using excel formula

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