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Bond prices and maturity dates. Les Company is about to issue a bond wizh semiannual coupon payments, an annual coupon rale of 10%, and a

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Bond prices and maturity dates. Les Company is about to issue a bond wizh semiannual coupon payments, an annual coupon rale of 10\%, and a par value of $5, 000 , The neid io matuity for this bond is 9%. a. What is the price of the bond if it matures in 10,15,20,0, 25 years? b. What do you notice about the price of the bond in relationship to the maturity of the bond? a. What is the price of the bond if it matures in 10 years? (Round to the nearest cent.)

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