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Jiminy's Cricket Farm issued a 30 -year, 4.5 percent semiannual bond three years ago. The bond currently sells for 104 percent of its face value.
Jiminy's Cricket Farm issued a 30 -year, 4.5 percent semiannual bond three years ago. The bond currently sells for 104 percent of its face value. The company's tax rate is 22 percent. (Use cells A6 to B12 from the given information to complete this question. You must use the built-in Excel function to answer this question. Leave the "Basis" input blank in the function.)
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