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3. Assuming the Mills Company bond pays interest semi-annually and that the required stated annual...

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3. Assuming the Mills Company bond pays interest semi-annually and that the required stated annual return is 12% for the similar risk bonds; that also pay semi-annual interest; calculate the Value of the bond. 3. Assuming the Mills Company bond pays interest semi-annually and that the required stated annual return is 12% for the similar risk bonds; that also pay semi-annual interest; calculate the Value of the bond

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