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Wayne & Company bonds pay a coupon rate of 8 % . The coupon is paid semiannually. They mature in 1 5 years and have
Wayne & Company bonds pay a coupon rate of The coupon is paid
semiannually. They mature in years and have a par value of $ At this point, the market rate of interest is The price of Wayne bonds is:
A $
B $
C $
D $
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