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Part A (9 marks) SLP Company recently issued two types of bonds. The first issue consisted of 20 year straight (no warrants attached) bonds

Part A (9 marks) SLP Company recently issued two types of bonds. The first issue consisted of 20 year straight (no warrants attached) bonds with an 8% annual coupon. The second issue consisted of 20 year bonds with a 6% annual coupon with warrants attached. Both bonds were issued at par ($1,000). What is the value of the warrants? (9 marks)

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