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Business, 27.08.2019 23:30 morgannwaldrupp

Ryngaert inc. recently issued noncallable bonds that mature in 15 years. they have a par value of $1,000 and an annual coupon of 5.7%. if the current market interest rate is 7.0%, at what price should the bonds sell?

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Ryngaert inc. recently issued noncallable bonds that mature in 15 years. they have a par value of $1...

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