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A bond has the following features: Coupon rate of interest (paid annually): 6 percent Principal: $1,000 Term to maturity: 9 years a. What will the

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A bond has the following features: Coupon rate of interest (paid annually): 6 percent Principal: $1,000 Term to maturity: 9 years a. What will the holder receive when the bond matures? Select b. If the current rate of interest on comparable debt is 9 percent, what should be the price of this bond? Assume that the bond pays Interest annually. Use Appendix Band Appendix D to answer the question. Round your answer to the nearest dollar $ Would you expect the firm to call this bond? Why? Spact. y. since the bond is selling for a Select c. If the bond has a sinking Fund that requires the firm to set aside annually with a trustee sucient funds to retire the entire issue at maturity, how much must the firm remit each year for nine years of the funds earn 9 percent annually and there is $110 million outstanding ? Use Appendix C to answer the question, Hound your answer to the nearest dollar

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