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Business, 04.07.2020 14:01 brooklyn4932
Grand Canal Incorporated issued 10-year bonds six years ago with an annual coupon rate of 9.625% APR. The bonds have a face value of $1,000.00 each and were issued at par value. Today, investors want a 5.99% return for bonds of similar risk and maturity. What is the current market price of Grand Canal bonds
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Grand Canal Incorporated issued 10-year bonds six years ago with an annual coupon rate of 9.625% APR...
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