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33. Bond valuationSemiannual interest Find the value of a bond maturing in 12 years, with a $1,000 par value and a coupon interest rate of
33. Bond valuationSemiannual interest Find the value of a bond maturing in 12 years, with a $1,000 par value and a coupon interest rate of 12% (6% paid semiannually) if the required return on similar-risk bonds is 16% annual interest (8% paid semiannually). The present value of the bond is $ (Round to the nearest cent.) 34. Bond valuationSemiannual Interest Calculate the value of each of the bonds shown in the following table, all of which pay interest semiannually. (Click on the icon located on the top-right corner of the data table below order copy its contents into a spreadsheet.) Bond A B C Par Value $1.000 500 500 Coupon interest rate 9% 13 13 Years to maturity 10 20 5 Required stated annual return 7% 12 12 The value of bond A is s (Round to the nearest cent.) The value of bond B is S (Round to the nearest cent.) The value of bond C is $ (Round to the nearest cent.)
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