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Quantitative Problem: Potter Industries has abond issue outstanding with an annual coupon of 6% and a 10-yearmaturity. The par value of the bond is $1,000.

Quantitative Problem: Potter Industries has abond issue outstanding with an annual coupon of 6% and a 10-yearmaturity. The par value of the bond is $1,000. If the going annualinterest rate is 9%, w 2 answers

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