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Determine the price of a $2.0 million bond issue under each of the following independent assumptions: 1.) Maturity 10 years, interest paid annually, stated rate

Determine the price of a $2.0 million bond issue under each of the following independent assumptions:

1.) Maturity 10 years, interest paid annually, stated rate 8%, effective (market) rate 9%.

2.)Maturity 10 years, interest paid semiannually, stated rate 8%, effective (market) rate 9%.

3.)Maturity 10 years, interest paid semiannually, stated rate 9%, effective (market) rate 8%.

4.) Maturity 20 years, interest paid semiannually, stated rate 9%, effective (market) rate 8%

5.) Maturity 20 years, interest paid semiannually, stated rate 9%, effective (market) rate 9%.

Please answer this simply . for example 1) answer 2)answeretc..

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