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. Sage Hill Inc. had outstanding $8,000,000 of 7.75% bonds (interest payable March 31 and September 30) due in 12 years. Sage Hill was able

. Sage Hill Inc. had outstanding $8,000,000 of 7.75% bonds (interest payable March 31 and September 30) due in 12 years. Sage Hill was able to reduce its risk rating through investing in more real e...

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