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

Bond prices depend on the market rate of interest, stated rate of interest, and time. Read the requirements. Requirement 1. Compute the price of the following 6% bonds of United Telecom. a. The price of the $500,000 bond issued at 74.50 is $ b. The price of the $500,000 bond issued at 104.75 is $ C. C. The price of the $500,000 bond issued at 94.25 is $ The price of the $500,000 bond issued at 104.25 is $ Requirement 2. Which bond will United Telecom have to pay the most to retire at maturity? Explain your answer. Bond a. because it was issued at the lowest price. Bond b. because it was issued at the highest price. Bond c. because it was issued at a discount. Bond d. because it was issued at a premium. United Telecom will pay $500,000 at maturity for all four of the bonds. The bonds all have the same maturity value. Requirements 1. Compute the price of the following 6% bonds of United Telecom. a. $500,000 issued at 74.50 b. $500,000 issued at 104.75 c. $500,000 issued at 94.25 d. $500,000 issued at 104.25 Which bond will United Telecom have to pay the most to retire at maturity? Explain your answer. Print Done

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