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7-4: . o The investor has bought two bonds with a face value of $1,000 and 10% annual coupons: Bonde matures in 15 years. o

7-4: . o The investor has bought two bonds with a face value of $1,000 and 10% annual coupons: Bonde matures in 15 years. o Bond S matures in 1 year. Calculate the value of each bond, if the going interest rate is as follows: a. 5% b. 8% c. 12%

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