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You own a noncallable, sinking fund debenture with the following features: Face Value = $1,000 Coupon rate is 7.00% Term to maturity is 20 years
You own a noncallable, sinking fund debenture with the following features: Face Value = $1,000 Coupon rate is 7.00% Term to maturity is 20 years Sinking fund is 5% of outstanding bonds retired annuall...
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