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Consider AlliedSignal Corporation's $1000 par value, 9.875% coupon bonds that mature in 6 years. Assume that the coupon on these bonds is paid annually. a)
Consider AlliedSignal Corporation's $1000 par value, 9.875% coupon bonds that mature in 6 years. Assume that the coupon on these bonds is paid annually. a) Find the value of the bonds today to an investor whose required rate of return is 7%. b) What would be the value if the coupon was paid semi-annually
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