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a. Find the bond value if the required return is (1) 12%, (2) 16%, and (3) 9%. b. Use your finding in part a and
a. Find the bond value if the required return is (1) 12%, (2) 16%, and (3) 9%. b. Use your finding in part a and the graph here, N, to discuss the relationship between the coupon rate, the required return and the market value of the bond relative to its par value. c. What two possible reasons could cause the required return to differ from the coupon interest rate? Graph/chart
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