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XYZ Inc. issued a 10-year bond with a par value of $1,000 and a coupon rate of 8%. The bond was issued 4 year ago.

XYZ Inc. issued a 10-year bond with a par value of $1,000 and a coupon rate of 8%. The bond was issued 4 year ago. Every year, bond holders receive $40.00 on June 30 and December 31. Your ...

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