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Westco Company issued 16-year bonds one year ago at a couponrate of 6.7 percent. The bonds make semiannual payments and have apar value of $1,000.

Westco Company issued 16-year bonds one year ago at a couponrate of 6.7 percent. The bonds make semiannual payments and have apar value of $1,000. If the YTM on these bonds is 5.3 percent, whatis t 2 answers

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