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Assumc investors' required rate of return is 10%, compute the bond prices of the following bonds. [5] Bond Coupon Term 890 12% 12% 10 years

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Assumc investors' required rate of return is 10%, compute the bond prices of the following bonds. [5] Bond Coupon Term 890 12% 12% 10 years 10 years 15 years When interest rate is expected to go up, which bond is expected to decrease) the most in price. (increase, 2. What's the difference between "indenture" and "debenture", please explain. [3] 3. How many semiannual interest payments remain on a bond that is selling for $917.25? The coupon rate of the bond is 8 percent, interest is payable semiannually, and the current market rate of return is 10 percent. [3]

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