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Bond prices and maturity dates. Moxo Company is about to issue a bond with annual coupon payments an annual coupon rate of 12%, and a

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Bond prices and maturity dates. Moxo Company is about to issue a bond with annual coupon payments an annual coupon rate of 12%, and a par value of $5,000. The yield to maturity for this bond is 13%. 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 maturity of the bond? a. What is the price of the bond if it matures in 5 years? (Round to the nearest cent.) What is the price of the bond If it matures in 10 years? $(Round to the nearest cont) What is the price of the bond If it matures in 15 years? (Round to the nearest cent) What is the price of the bond If it matures in 20 years? (Round to the nearest cont.) b. What do you notice about the price of the bond in relationshio to the maturity of the bond? (Select the best response.) 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. B. As the time to maturity increases, the price of the bond increases O C. As the time to maturity increases, the price of the bond decreases first and then increases, D. As the time to maturity increases, the price of the bond increases first and then decreases

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