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1. Bond Valuation (Calculator Approach) Step 1: Quick Take: Bond Valuation bond. For example, suppose that Sunny Snacks borrowed $120 million by issuing $120 million of bonds. Sunny Snacks bonds require the interest rate. For example, Suppose Sunny Snack's bonds have a $1,000 par value, and the coupon interest rate is 10%. You can calche annual ...
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