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Investment firm buys 96 bonds of gator corp through a broker. The bonds pay 11% annual interest. The yield maturity is 12%. The bonds have
Investment firm buys 96 bonds of gator corp through a broker. The bonds pay 11% annual interest. The yield maturity is 12%. The bonds have a 25 year maturity. Compute the price of a bond. Compute the total value of 96 bonds
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