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The bonds mature in 8 years have a face value of 1000 and

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Renfro rentals has issued bonds that have a 10% coupon rate, payable semiannually. The bonds mature in 8 years, have a face value of $1,000, and a yield to maturity of 8.5%. What is the price of the bonds.

Reference no: EM13566549

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The bonds mature in 8 years have a face value of 1000 and : renfro rentals has issued bonds that have a 10 coupon rate payable semiannually. the bonds mature in 8 years have a
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