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Board Query 6 - 10 Points
© Capsim Management Simulations, Inc.
The closing price (street value) of your oldest bond is 1.0% above its face value. That means if your company buys the bond back at street value:
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You pay $101 for every $100 issued.
You pay $10 for every $100 issued.
You pay $99 for every $100 issued.
