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Dificwork. Diffe Part 1 of Save O Points: 0 of 1 (Bond valuation relationships) A bond of Telink Corporation pays $120 in annual interest, with

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Dificwork. Diffe Part 1 of Save O Points: 0 of 1 (Bond valuation relationships) A bond of Telink Corporation pays $120 in annual interest, with a $1.000 per value. The bonds mature in 10 years. The market's required yield to maturity on a comparable-risk bond in 10 percent. a. Calculate the value of the bond b. How does the value change if the marker's required yield to maturity on a comparable risk bond () increases to 13 percent or () decreases to 6 percent? c. Interpret your findings in parts a and b a. What is the value of the bond if the market's required yield to maturity on a comparable risk bond is 10 percent? $(Round to the nearest cont.)

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