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4- A firm has an issue of $1,000 per value bonds with a 12 percent stated interest rate outstanding. The issue pays interest annually and

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4- A firm has an issue of $1,000 per value bonds with a 12 percent stated interest rate outstanding. The issue pays interest annually and has 10 years remaining to its maturity date. If similar risk rate are currently earning 8 percent, the firm's bond will sell for? 5- Calculate value of a bond paying quarterly coupon, with par value of $1,000 coupon rate of 6% and maturity of 2 years. Market rate is 8%

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