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Problem 5-51 (similar to) the bonds of Present value) The Kumar Corporation is gonsung bonds to pay r est but can be converted in 2000

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Problem 5-51 (similar to) the bonds of Present value) The Kumar Corporation is gonsung bonds to pay r est but can be converted in 2000 M anly 7 years for the purchase Topice these bonds competitive de ned that they should y el 14 percent compounded w ay At what price should the Kumar Corporation so these bonds? Kumar Corporation should these bonds 5 Round to the west cont

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