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The SafeWay Corp issued 2 0 - year, noncallable, 7 . 1 % annual coupon bonds at their par value of $ 1 , 0
The SafeWay Corp issued year, noncallable, annual coupon bonds at their
par value of $ one year ago.
This October th the market interest rate on these bonds is What is the
current price of the bonds, given that they now have years to maturity?
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