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J&J Manufacturing just issued a bond with a $1,000 facevalue and a coupon rate of 7%. If the bond has a life of 30 years,pays

J&J Manufacturing just issued a bond with a $1,000 facevalue and a coupon rate of 7%. If the bond has a life of 30 years,pays annual coupons, and the yield to maturity is 6.8%, what willthe bon 2 answers

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