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Suppose a firm is issuing bonds. Each bond has a face amount of$1,000, a stated rate of 8%, and a 10-year term. Coupon paymentsare made

Suppose a firm is issuing bonds. Each bond has a face amount of$1,000, a stated rate of 8%, and a 10-year term. Coupon paymentsare made annually. When the bonds are issued, the market rate is8%. Af 2 answers

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