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Exhibit 11-2
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XLR Corporation just issued a $1,000 par value bond with a 7% yield to maturity, twenty years to maturity, with an 8% semi-annual coupon rate.
-Refer to Exhibit 11-2. If market interest rates are constant, what will the price of the XLR Corporate bond be in three years?
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A unique phase of sleep characterized by rapid eye movement, increased brain activity, paralysis of voluntary muscles, and vivid dreaming.
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