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Leggio Corporation issued 20-year, ?% annua] coupon bonds at their par value of $1,030 one year ago. Today, the market interest rate on these bonds
Leggio Corporation issued 20-year, ?% annua] coupon bonds at their par value of $1,030 one year ago. Today, the market interest rate on these bonds has dropped to 5%. h'u'hat is the new price of the bonds, given that the}F now have 19 years to maturity? (Points: 4) $1,46.59 $1,111.58 $1,133.41} $1,1??.?8 $1,1894
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