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MLK Bank has an asset portfolio that consists of $230 million of 15-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 $230 million of 15-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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