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HSM manfacturing just issued a bomd with a $1000 face vue amd a coupon rate 8%. if the bomd has a life of 20 years,
HSM manfacturing just issued a bomd with a $1000 face vue amd a coupon rate 8%. if the bomd has a life of 20 years, pays the annual coupon, and the yield to maturity is 7.5%, what percent of the bond's total price is represented by the present value of coupons ?
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