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Bond prices depend on the market rate of interest, stated rate of interest, and time. Requirements Compute the price of the following 8% bonds of

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Bond prices depend on the market rate of interest, stated rate of interest, and time. Requirements Compute the price of the following 8% bonds of United Telecom. $500,000 issued at 76.50 $500,000 issued at 105.25 $500,000 issued at 95.50 $500,000 issued at 104.75 Which bond will United Telecom have to pay the most to retire the bond at maturity? Explain your answer. Requirement

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