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Sam's Auto Shop Inc. issued a semiannual Capon bond with a capon rate of 6.0% The band has a yield to maturity of 7.2% and
Sam's Auto Shop Inc. issued a semiannual Capon bond with a capon rate of 6.0% The band has a yield to maturity of 7.2% and will mature in 12 years. Assume of a looo the mancet price of the bond is A 1904.cos 827.10 aa6.59 1,043.So 1,089,40
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