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Bond prices and maturity dates Les Company is about to issue a bond with quartody coupon payments, an annual Core 18% and a peale of

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Bond prices and maturity dates Les Company is about to issue a bond with quartody coupon payments, an annual Core 18% and a peale of 51.000. The yield te maturity for this bond is 5% a. What is the price of the bond if it matures in 10, 15, 20, 25 years? b. What do you notice about the price of the bond in relationship to the many of the bond? a. What is the price of the bond if it matures in 10 years? (Roand to the nearest cent) What is the price of the bond if it matures in 15 years? (Round to the nearest Cont) What is the price of the bond it matures in 20 years? Round to the nearest cent) What is the price of the boot matures in 25 years $ Round to the new cont b. What do you notice about the price of the bond in relationship to the many of the band? (Select the best response) DA As the time to many cases, the price of the bond decreases Click to select your PL (Round to the nearest cent.) What is the price of the bond if it matures in 25 years? (Round to the nearest cent.) b. What do you notice about the price of the bond in relationship to the maturity of the bond? (Select the best response.) O A. As the time to maturity increases the price of the bond decreases. OB. As the time to maturity increases, the price of the bond increases. OC. As the time to maturity increases the price of the bond decreases first and then increases OD. As the time to maturity increases, the price of the bond increases first and then decreases Click to select your answer(s)

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