(not in excel form please) Assume that Bunch Inc. has an issue of...
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(not in excel form please) Assume that Bunch Inc. has an issue of 18-year $1,000 par value bonds that pay 7% interest, annually. Further assume that today's required rate of return on these bonds is 5%. How much would these bonds sell for today? (6 marks)
(not in excel form please)
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