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Bond prices depend on the market rate of interest, stated rate of interest, and time Read the requirements: Requirement 1. Compule the price of the

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Bond prices depend on the market rate of interest, stated rate of interest, and time Read the requirements: Requirement 1. Compule the price of the following 7% bonds of Friendship Telecom a. The price of the $400,000 band issued at 7450 is Requirements 1. Compute the price of the following 7% bonds of Friendship Telecom a. $400,000 issued at 7450 b. $400,000 issued at 10450 c. $400,000 issued at 9450 d. $400,000 issued at 10325 2. Which bond will Friendship Telecom have to pay the most to relite at maturity? Explain your

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