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Consider the following Houston Industries has 5-year bonds that pay a 6.0% annual coupon. If the market requires a 20% return on the bonds what

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Consider the following Houston Industries has 5-year bonds that pay a 6.0% annual coupon. If the market requires a 20% return on the bonds what is the current price of a Houston bond $959.00 $958.42 $ 1000.00 $1,04212 Boulder Ind. has zero coupon bonds with a face value of $12,000 that mature in 19 years. If the YTM on the bonds is 4.0096, What is the price of the bonds? Round your answer to the nearest dollar. Use commas, but do NOT use a dollar sign Your

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