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Attempts: Average: 8 1. Problem 13-01 eBook Problem 13-01 A $1,000 bond has a coupon of 6 percent and matures after twelve years. Assume that

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Attempts: Average: 8 1. Problem 13-01 eBook Problem 13-01 A $1,000 bond has a coupon of 6 percent and matures after twelve years. Assume that the bond pays Interest annually a. What would be the bond's price if comparable debt yields 9 percent? Use Appendix B and Appendix D to answer the question. Round your answer to the neare $ b. What would be the price if comparable debt vields 9 percent and the bond matures after six years? Use Appendix B and Appendix D to answer the question. R $ than the principal payment of c. Why are the prices different in a and b? The price of the bond in ais Select than the price of the bond in b as the prindpal payment of the bond in ais Select d. What are the current yields and the Vields to maturity In a and b? Round your answers to two decimal places, The bond matures after twelve years: CY: YTM: % 96 The band matures after sbx yearst * CY: YTM Grade it Now Save & Continue Continue without saving

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