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QUESTION

Suppose teco has a second bond with twenty-five years left to maturity (in addition to the one listed in table 1), which has a coupon rate of 7 3 8 percent and a market price of $747.48.

Suppose teco has a second bond with twenty-five years left to maturity (in addition to the one listed in table 1), which has a coupon rate of 7 3 8 percent and a market price of $747.48.

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