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Problem 18-07 Refunding Analysis Mullet Technologies is considering whether or not to refund a $175 million, 15% coupon, 30-year bond issue that was sold 5

Problem 18-07 Refunding Analysis Mullet Technologies is considering whether or not to refund a $175 million, 15% coupon, 30-year bond issue that was sold 5 years ago. It is amortizing $3 million of fl...

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