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Bond prices and maturity dates. Moore Company is about to issue a bond with annual coupon payments, an annual of 9%, and a par value

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Bond prices and maturity dates. Moore Company is about to issue a bond with annual coupon payments, an annual of 9%, and a par value of $1,000. The for this bond is 11%. a. What is the price of the bond if it matures in 5, 10, 15, or 20 years? b. What do you notice about the price of the bond in relationship to the of the bond

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