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On 1 July 2020 Adelaide Ltd issues $1 million in 5-year bonds that pay interest every six months at a coupon rate of 10 percent.

On 1 July 2020 Adelaide Ltd issues $1 million in 5-year bonds that pay interest every six months at a coupon rate of 10 percent. At the time of issuing the securities, the market requires a rate of re...

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