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1. John Corporation issued a 9-year 5% corporate bond with a par-value of P1,000. A similar bond is expecting an 8% return in the market.

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1. John Corporation issued a 9-year 5% corporate bond with a par-value of P1,000. A similar bond is expecting an 8% return in the market. How much is the price of the bond? 2. Harold Alas issued a 5-year 5% corporate bond with a par-value of P1,000. A similar bond is expecting a 3% retum in the market. How much is the price of the bond

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