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a. What is the price of the bond if it matures in 10 years? b. What is the price of the bond if it matures

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a. What is the price of the bond if it matures in 10 years?

b. What is the price of the bond if it matures in 15 years?

c. What is the price of the bond if it matures in 20 years?

d. What is the price of the bond if it matures in 25 years?

Bond prices and maturity dates. Les Company is about to issue a bond with annual coupon payments, an annual coupon rate of 8%, and a par value of $5,000. The yield to maturity, for this bond is 7% a. What is the price of the bond if it matures in 10, 15, 20, or 25 years? b. What do you notice about the price of the bond in relationship to the maturity, of the bond

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