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Twelve years ago Health Food issued AA-rated 7 percent coupon 20-year bonds. The bonds have a face value of $1,000 and pay interest annually. Today,

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Twelve years ago Health Food issued AA-rated 7 percent coupon 20-year bonds. The bonds have a face value of $1,000 and pay interest annually. Today, if the required return is 4 percent on similarly rated bonds, find the price of a Health Food bond

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