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Use the following information to answer the question(s) below. Term Yield Security (years) (%) Treasury 20 5.5% AAA Corporate 20 7.0% BBB Corporate 20 8.0%

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Use the following information to answer the question(s) below. Term Yield Security (years) (%) Treasury 20 5.5% AAA Corporate 20 7.0% BBB Corporate 20 8.0% B Corporate 20 9.6% Moore Industries is thinking about issuing a 20-year 7% semiannual coupon bond with a face value of $1000. Moore hopes to get a BBB rating from Moody's for this bond issue. If Moore Industries is successful in getting a BBB rating, then what would be the issue price for these bonds? $

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