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The company is considering issuing a $1000,000,000 15-year bond, with an annual coupon rate of 10% and semi-annual interest payments. a1. if the company anticipates

The company is considering issuing a $1000,000,000 15-year bond, with an annual coupon rate of 10% and semi-annual interest payments.

a1. if the company anticipates that the bond will close at yield to maturity of 12% , given the company's credit rating and current market conditions, how much would an investor be willing to pay for $1000 face value of this bond,

a2. compute the current yield of the bond at this price from a2

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