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please answer Question 12 (5 points) Brown Industries has 12-year bonds that pay a 6.0% semi-annual coupon. If the market requires a 7.0% return on
please answer Question 12 (5 points) Brown Industries has 12-year bonds that pay a 6.0% semi-annual coupon. If the market requires a 7.0% return on the bonds, what is the current price of a Brown bond? $682.29 $579.80 $1,241.58 $919.71
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