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Many years ago, Castles in the Sand Incorporated issued bonds atface value at a yield to maturity of 5.2%. Now, with 5 years leftuntil the

Many years ago, Castles in the Sand Incorporated issued bonds atface value at a yield to maturity of 5.2%. Now, with 5 years leftuntil the maturity of the bonds, the company has run into hardtimes 2 answers

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