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A bond that has a $1,000 par value (face value) and a contract or coupon interest rate of 10.6%. The bonds have a current marke...Question
A bond that has a $ 1,000 par value (face value) and a contract or coupon interest rate of 10.5%. The bonds have a current market value of$ 1,124 and will mature in 10 years. The firm's marginal tax rate is 34%