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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

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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 following 5% bonds of Friendship Telecom. a. The price of the $400,000 bond issued at 76.50 is b. The price of the $400,000 bond issued at 104.75 is c. The price of the $400,000 bond issued at 95.75 is d. The price of the $400,000 bond issued at 103.25 is Requirement 2. Which bond will Friendship Telecom have to pay the most to retire at maturity? Explain your answer. Read the requirements. .... Rer - X a. Requirements b. . c. 5 d. 1. Compute the price of the following 5% bonds of Friendship Telecom a. $400,000 issued at 76.50 b. $400,000 issued at 104.75 c. $400,000 issued at 95.75 d. $400,000 issued at 103.25 2. Which bond will Friendship Tel.com have to pay the most to retire at maturity? Explain your answer. RO ma Print Done

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