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Sincere Stationery Corporation needs to raise ?$800,000 toimprove its manufacturing plant. It has decided to issue a ?$1,000par value bond with an annual coupon rate

Sincere Stationery Corporation needs to raise ?$800,000 toimprove its manufacturing plant. It has decided to issue a ?$1,000par value bond with an annual coupon rate of 17 percent and amaturity 2 answers

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