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Cabell Corp. bonds pay an annual coupon rate of 10%. If investors' required rate of return is now 12% on these bonds, they will be priced at A. a premium to par value. B. a discount to par value. C. Cannot be determined without knowing the number of years to maturity. D. par value.
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Cabell Corp. bonds pay an annual coupon rate of 10%. If investors' required rate of return is now 12...
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