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What is the maximum price you should be willing to pay for a 15-year non-callable bond, with a7.25 percent coupon, payable semiannually, it the

  

What is the maximum price you should be willing to pay for a 15-year non-callable bond, with a7.25 percent coupon, payable semiannually, it the required rate of return on these bonds is 8.20 percent? Hooper Printing has a bond issue outstanding with 14 years left to naturity. The bond has a 7 percent annual coupon rate and a par value of $1,000. The bond currently sells for $749.04. What is the expected capital gaine yield for the next year on this bond iewe? 4 704.04 935-105

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