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Business, 28.06.2019 12:40 mprjug6

You bought one of rocky mountain manufacturing co.'s 8.75 percent coupon bonds one year ago for $1,051.80. these bonds make annual payments and mature eight years from now. suppose that you decide to sell your bonds today, when the required return on the bonds is 8.25 percent.

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You bought one of rocky mountain manufacturing co.'s 8.75 percent coupon bonds one year ago for $1,0...
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