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Name: GTF Corporation has 4 percent coupon bonds on the market with a par of $1,000 and 10 years left to maturity. The bonds make
Name: GTF Corporation has 4 percent coupon bonds on the market with a par of $1,000 and 10 years left to maturity. The bonds make annual interest payments. If the market interest rate on these bonds is 6 percent, what is the current bond price? 1. F4
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