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Business, 12.01.2021 03:00 MsTasha06

Morin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 6.1% on these bonds. What is the bond's price

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Morin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon inter...
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