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1 2 3 Intro BankMart Inc. recently issued bonds that mature in 11 years. They have a par value of $1,000 and an annual coupon
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Intro BankMart Inc. recently issued bonds that mature in 11 years. They have a par value of $1,000 and an annual coupon of 2%. The current market interest rate is 8%. BAttempt 3/10 for 6 pts. Part 1 What is the bond's value? 0+ decimals Submit Intro Lomack Company's bonds have a 10-year maturity, a 8% coupon, paid semiannually, and a par value of $1,000. The market interest rate is 5%, with semiannual compounding. BAttempt 1/10 for 10 pts. Part 1 What is the bond's value (in $)? p+ decimals Submit Intro A corporate bond has 22 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest twice a year. The annual market interest rate for similar bonds is 3.3%. BAttempt 1/10 for 10 pts. Part 1 What is the value of the bond (in $)? p+ decimals Submit 2
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