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pleasehelp ( mathrm{K} ) corp. has an existing bond that has a par value of ( $ 1,000 ) and an ( 7 % )

pleasehelp \( \mathrm{K} \) corp. has an existing bond that has a par value of \( \$ 1,000 \) and an \( 7 \% \) coupon rate. The issue pays interest annually and has 10 years remaining to its maturity date. Bond 1 answer

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