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Practice Problems 1. Ten years ago. Simply Splendid Corp. issued 4!] year bonds with a $1,0 face value and a F percent coupon rate. paid

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Practice Problems 1. Ten years ago. Simply Splendid Corp. issued 4!] year bonds with a $1,0 face value and a F percent coupon rate. paid semiannually. Bond of this rislr currently have a yield to maturity of '3 percent. How much would you expect to pay for one of these bonds today

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