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(Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 12 years has a $1,000 par value. The annual coupon interest rate is 12

(Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 12 years has a $1,000 par value. The annual coupon interest rate is 12 percent and the market's required yield to maturity on a comp...

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