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Bond prices. Price the bonds from the following table with monthly coupon payments. Price Par Value $5,000.00 $1,000.00 $1,000.00 $1,000.00 2 Years to Maturity 10
Bond prices. Price the bonds from the following table with monthly coupon payments. Price Par Value $5,000.00 $1,000.00 $1,000.00 $1,000.00 2 Years to Maturity 10 10 20 Coupon Rate 9% 11% 10% 12% Yield to Maturity 6% 10% 12% 11% 2 2 30 2 Hint make sure to round all intermediate calculations to at least seven decimal places. a. Find the price for the bond in the following table: (Round to the nearest cent.) Par Value $5,000.00 Coupon Rate 9% Years to Maturity 10 Yield to Maturity 6% Price $ 6,125.92 b. Find the price for the bond in the following table: (Round to the nearest cent.) Par Value $1,000.00 Coupon Rate 11% Years to Maturity 10 Yield to Maturity 10% Price s
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