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Temple-Midland, Inc. is issuing a ?$1,000 par value bond thatpays 7.2 percent annual interest and matures in 15 years. Investorsare willing to pay ?$950 for

Temple-Midland, Inc. is issuing a ?$1,000 par value bond thatpays 7.2 percent annual interest and matures in 15 years. Investorsare willing to pay ?$950 for the bond and Temple faces a tax rate 2 answers

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