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Regatta Ltd has seven-year bonds outstanding that pay a13.89percent coupon rate. Investors buying the bond today can expect to earn a yield-to-maturity of9.65percent. Assuming annual

Regatta Ltd has seven-year bonds outstanding that pay a13.89percent coupon rate. Investors buying the bond today can expect to earn a yield-to-maturity of9.65percent. Assuming annual coupon payments, the current value of these bonds is $

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