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Lesh Inc. has a bond in its capital structure that has 20 years to maturity left. The bond has a 8.00% coupon paid annually, and
Lesh Inc. has a bond in its capital structure that has 20 years to maturity left. The bond has a 8.00% coupon paid annually, and has a par value of $1,000. If investors want to receive 9% from this bond, the bond price should be: $906.28 $908.71 $914.86 $918.24 $922.16
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