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  • May 1, 2008, 05:20 PM
    kcurrie
    Corporate Finance
    MI has a 1000 par value 30 year bond outstanding that was issued 20 years ago at an annual coupon rate of 10%, paid semiannually. Market interest rates on similar bonds are 7%
  • May 1, 2008, 05:21 PM
    progunr
    And the question is?
  • May 1, 2008, 07:48 PM
    Fr_Chuck
    Moved from introductions

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