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Tom Cruise Lines Inc. issued bonds five years ago at $1,000 perbond. These bonds had a 25-year life when issued and the annualinterest payment was

Tom Cruise Lines Inc. issued bonds five years ago at $1,000 perbond. These bonds had a 25-year life when issued and the annualinterest payment was then 14 percent. This return was in line withthe r 2 answers

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