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MLK Bank has an asset portfolio that consists of $100 million of 30-year, 8-percent-coupon, $1,000 bonds with annual coupon payments that sell at par. a-1.
MLK Bank has an asset portfolio that consists of $100 million of 30-year, 8-percent-coupon, $1,000 bonds with annual coupon payments that sell at par.
a-1. | What will be the bonds |
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