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eBook An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 6% annual coupon. Bond L matures

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eBook An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 6% annual coupon. Bond L matures in 17 years, while Bond S matures in 1 year. Assume that only one more interest payment is to be made on Bond S at its maturity and that 17 more payments are to be made on Bond L. a. What will the value of the Bond L be if the going interest rate is 4%? Round your answer to the nearest cent. $ 1243.34 What will the value of the Bond S be if the going interest rate is 4%? Round your answer to the nearest cent. 1019.23 What will the value of the Bond L be if the going interest rate is 9%? Round your answer to the nearest cent. 1243.34 What will the value of the Bond s be if the going interest rate is 9%? Round your answer to the nearest cent. $ 972.48 What will the value of the Bond L be if the going interest rate is 11%? Round your answer to the nearest cent. $ 1243.34 What will the value of the Bond s be if the going interest rate is 11%? Round your answer to the nearest cent. 954.95

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