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XYZ Company's bonds have a 12 percent coupon, paid semiannually,a current maturity of 20 years, and sell for $1,150. The companyplans to sell, at par,

XYZ Company's bonds have a 12 percent coupon, paid semiannually,a current maturity of 20 years, and sell for $1,150. The companyplans to sell, at par, $100 preferred stock which pays a 12 percentan 2 answers

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