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The bonds of Microcam, Inc. carry a 10% annual coupon, have a $1,000 face value, and mature in 4 years. How much would you be

The bonds of Microcam, Inc. carry a 10% annual coupon, have a $1,000 face value, and mature in 4 years. How much would you be willing to pay for the bonds if comparable bonds in the market yield 7%

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