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An investor has two bonds in his portfolio that have a face value of $1,000 and pay an 8% annual coupon. Bond L matures in

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An investor has two bonds in his portfolio that have a face value of $1,000 and pay an 8% annual coupon. Bond L matures in 18 years, while Bond S matures in 1 year. Assume that only one more interest payment is to be made on Bond S at its maturity and that 18 more payments are to be made on Bond L. a. What will the value of the Bond L be if the going interest rate is 4%? Round your answer to the nearest cent. 1506.37 What will the value of the Bond S be if the going interest rate is 4%? Round your answer to the nearest cent. 1038.46 What will the value of the Bond L be if the going interest rate is 8%? Round your answer to the nearest cent. $ 499.50 What will the value of the Bond S be if the going interest rate is 8%? Round your answer to the nearest cent. $ 851.85 What will the value of the Bond L be if the going interest rate is 13%? Round your answer to the nearest cent. $ 436.38 What will the value of the Bond S be if the going interest rate is 13%? Round your answer to the nearest cent. $ 814.16

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