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Ryngaert Inc. recently issued noncallable bonds that mature in15 years. They have a par value of $1,000 and an annual coupon of5.0%. If the current

Ryngaert Inc. recently issued noncallable bonds that mature in15 years. They have a par value of $1,000 and an annual coupon of5.0%. If the current market interest rate is 6.2%, at what priceshould 2 answers

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