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(Bond valuation relationships) A bond of Telink Corporation pays $100 in annual interest, with a $1,000 par value. The bonds mature in 10 years. The

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(Bond valuation relationships) A bond of Telink Corporation pays $100 in annual interest, with a $1,000 par value. The bonds mature in 10 years. The marker's required yield to maturity on a comparable-risk bond is 8 percent. a. Calculate the value of the bond. b. How does the value change if the market's required yield to maturity on a comparable-risk bond) increases to 12 percent or (ii) decreases to 6 percent? c. Interpret your findings in parts a and b io a. What is the value of the bond if the market's required yield to maturity on a comparable-risk bond is 8 percent? $ 1134.20 (Round to the nearest cent) Q b.() What is the value of the bond if the market's required yield to maturity on a comparable risk bond increases to 12 percent? 110 $ 887 (Round to the nearest cent.) 15 b. () What is the value of the bond if the market's required yield to maturity on a comparable risk bond decreases to 6 percent? $(Round to the nearest cent.) n90

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