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(Related ti Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) Fingen's 14-year, $1000 par value bonds pay 11% interest annually. The market price of the bonds
(Related ti Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) Fingen's 14-year, $1000 par value bonds pay 11% interest annually. The market price of the bonds is $930 and the market's required yield...
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