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Kilgore Natural Gas has a $ 1 , 0 0 0 par value bond outstanding that pays 9 percent annual interest. The carrent yield to
Kilgore Natural Gas has a $ par value bond outstanding that pays percent annual interest. The carrent yield to maturity on such bonds in the market is percent. Compute the price of the bonds for these maturity dates:
a years.
b years.
c year.
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