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Pavel [41]
3 years ago
8

A firm has an issue of $1,000 par value bonds with a 12 percent stated interest rate outstanding. The issue pays interest annual

ly and has 10 years remaining to its maturity date. If bonds of similar risk are currently earning 8 percent, the firm's bond will sell for ________ today.
Business
1 answer:
Mamont248 [21]3 years ago
4 0

Answer:

c

Explanation:

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