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IELU Adams Enterprises has outstanding bonds that currently yield 5% and sell for $1,311.39. They have a 15-year maturity and a par value of $1,000.
IELU Adams Enterprises has outstanding bonds that currently yield 5% and sell for $1,311.39. They have a 15-year maturity and a par value of $1,000. What was the interest rate that prevailed when Adams first issued the bonds? Morin Company's hands mature in 10 years hare manualue of 1000 nnd mnl P90/ faciat
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