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Question 16 5 pts Morin Company's bonds sell for $880, have a par value of $1,000, and make an annual coupon interest payments of $65.

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Question 16 5 pts Morin Company's bonds sell for $880, have a par value of $1,000, and make an annual coupon interest payments of $65. The market requires an interest rate of 8.2% on these bonds. How many more years do these bonds have until maturity? 11 9

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