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Bond value and time Changing required returns Personal Finance Problem Lynn Parsons is considering investing in either of two outstanding bonds. The bonds both have

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Bond value and time Changing required returns Personal Finance Problem Lynn Parsons is considering investing in either of two outstanding bonds. The bonds both have $1,000 par values and 14% coupon interest rates and pay annual interest. Bond A has exactly 9 years to maturity, and bond B has 19 years to maturity a. Calculate the present value of bond A if the required rate of return is: a. (1) The value of bond A, if the required return is 11%, is $1- (Round to the nearest cent.) (2) The value of bond A, if the required return is 14%, is $ the nearest cent.) . (Round to

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