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(Bond valuation) You are examining three bonds with a par value of $1,000 (you receive $1,000 at maturity) and are concerned with what would happen

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(Bond valuation) You are examining three bonds with a par value of $1,000 (you receive $1,000 at maturity) and are concerned with what would happen to their market value if interest rates (or the market discount rate) changed. The three bonds are Bond A-a bond with 4 years left to maturity that has an annual coupon interest rate of 9 percent, but the interest is paid semiannually. Bond B-a bond with 11 years left to maturity that has an annual coupon interest rate of 9 percent, but the interest is paid semiannually. Bond C-a bond with 17 years left to maturity that has an annual coupon interest rate of 9 percent, but the interest is paid semiannually. a. If the market discount rate were 9 percent per year compounded semiannually, the value of Bond A is $ (Round to the nearest cent.) na then clickCheck Ansinar

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