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X crop. issued a 3 year bond with a coupon rate of 7%. the bound pays interest a

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X crop. issued a 3 year bond with a coupon rate of 7%. the bound pays interest annually. if the yield to maturity on this bond is 9%. what is the price of the bond?what is m&m proposition 1? m&m proposition 2?what are features of corporate bonde?
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