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Mathematics, 22.02.2020 00:58 Jackiecroce12

Masters Corp. issues two bonds with 20-year maturities. Both bonds are callable at $1,030. The first bond is issued at a deep discount with a coupon rate of 4% to yield 10.1%. The second bond is issued at par value with a coupon rate of 11.50%

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Masters Corp. issues two bonds with 20-year maturities. Both bonds are callable at $1,030. The first...

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