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Problem Walk - through A firm's bonds have a maturity of 1 2 years with a $ 1 , 0 0 0 face value, have

Problem Walk-through
A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 6 years at $1,061.16, and currently sell at a price of $1,117.10.
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