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

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(Bond vatuadion) You are examining three bonds with a par value of $1,000 (you recelve $1,000 at maturity) and are concerned with what would happen to their market value market discount rase) changed. The theee 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 8 yoars left to maturity that has an annual coupon interost rate of 9 percent, but the interest is paid semianncally. Bond C-a bond wth 18 years lef to maturify that has an annual coupon interest rate of 9 percent, but the interest is paid semiannualy; What would be the value of these bonds if the market dscount rate were a. 9 percent per year compounded semiannually? b. 4 percent per year compounded semiannually? c. 15 percent per yoar compounded meriannually? d. What observations can you make about these results

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