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Bond prices and maturity dates. Moore Company is about to issue a bond with annua coupon payments, an annual coupon rate of 8%, and a

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Bond prices and maturity dates. Moore Company is about to issue a bond with annua coupon payments, an annual coupon rate of 8%, and a par value of $1,000. The yield to maturity for this bond is 11%. a. What is the price of the bond if it matures in 15,20,25, or 30 years? b. What do you notice about the price of the bond in relationship to the maturity of the bond

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