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3. To expand its business, the Computer Source Ltd. would like to issue bonds with par value of $1,000, coupon rate of 10%, and maturity

3. To expand its business, the Computer Source Ltd. would like to issue bonds with par value of $1,000, coupon rate of 10%, and maturity of 10 years from now. Required: a) What is the value of the bond if the required rate of return is i) 8%, ii) 10%, and iii) 12%? b) Name each of these bonds based on values calculated in part a

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