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Bond prices. Price the bonds from the following table with monthly coupon payments. Coupon Rate Par Value $1,000.00 $1,000.00 $5,000.00 $1,000.00 12% 7% 11% 5%
Bond prices. Price the bonds from the following table with monthly coupon payments. Coupon Rate Par Value $1,000.00 $1,000.00 $5,000.00 $1,000.00 12% 7% 11% 5% Years to Maturity 5 5 5 20 Yield to Maturity 6% 10% 12% 5% Price ? ? ? ? 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 $1,000.00 Coupon Rate 12% Years to Maturity 5 Yield to Maturity 6% Price $ 1,258.63 b. Find the price for the bond in the following table: (Round to the nearest cent.) Years to Yield to Par Value Coupon Rate Maturity Maturity $1,000.00 7% 5 10% Prid $ $
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