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a) the value of the Enterprise bonds if the interest is paid semiannualy is $___ b) The value of the Enterprise bonds if the interest

a) the value of the Enterprise bonds if the interest is paid semiannualy is $___
b) The value of the Enterprise bonds if the interest is paid annually is $____ image text in transcribed
ent Score: 0 of 2 pts 2 of 7 (1 complete) HW Score: 6.25%... P9-5 (similar to) Question Help (Bond valuation) Enterprise, Inc. bonds have an annual coupon rate of 9 percent. The interest is paid semiannually and the bonds mature in 13 years. Their par value is $1,000. If the market's required yield to maturity on a comparable-risk bond is 16 percent, what is the value of the bond? What is its value if the interest is paid annually? (Round a a. The value of the Enterprise bonds if the interest is paid semiannually is $ to the nearest cent.) va 0

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