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T(x)=19 The 12 - years $1000 par bonds of Vail. Inc pay 13 percent interest. The market's required yield to matunty on a comparable-nsk bond

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T(x)=19 The 12 - years $1000 par bonds of Vail. Inc pay 13 percent interest. The market's required yield to matunty on a comparable-nsk bond is 10%. The curment market prce for the bond is $1,130. (a) what is should be the value of the Vail boads given the yield of matunty on a comparable nisk bnd

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