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A Sunfish bond is paying 10 percent interest for 20 years on a semiannual basis. Assume interest rates in the market (yleld to maturity) Increase

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A Sunfish bond is paying 10 percent interest for 20 years on a semiannual basis. Assume interest rates in the market (yleld to maturity) Increase from 6 percent to 14 percent. (Use a Financial calculator to arrive at the answers. Do not round intermediate calculations. Enter all amounts as positive value. Round the final answers to 2 decimal places.) o. What is the bond price at 6 percent? Bond price b. What is the bond price at 14 percent? Bond price c. What would be the percentage return on an investment bought when rates were 6 percent and sold when rates are 14 percent? Return on investment

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