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Randolph Inc recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an of 7.7%. If the current
Randolph Inc recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an of 7.7%. If the current market rate is 5.7%, at what is the current value of this bonds? annual coupon O O $825.63 $1.149.32 $863.96 $1,198.11 urity? The bond was originally sold with a
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