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You are an investor, and you are looking at $1,000 bonds of Pencils Inc. The 30-year 6% coupon bonds were issued 2 years ago. The

You are an investor, and you are looking at $1,000 bonds of Pencils Inc. The 30-year 6% coupon bonds were issued 2 years ago. The coupon is paid semi-annually. The bond is now traded for $960. If your rate of return for investments of similar risks is 7%, do you find those bonds attractive and why? how to solve in excel

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