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Your firm plans to issue new typical US corporate bonds in a market environment where comparable bonds have yields to maturity of about 4.6%. The
Your firm plans to issue new typical US corporate bonds in a market environment where comparable bonds have yields to maturity of about 4.6%. The new issue will expire in 10 years and will carry a coupon rate of 4.0%. What's a good estimate of the market price of these new bonds
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