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Enterprise, Inc. bonds have an annual coupon rate of 1 3 percent. The interest is paid semiannually and the bonds mature in 1 3 years.
Enterprise, Inc. bonds have an annual coupon rate of percent. The interest is paid semiannually and the bonds mature in years. Their par value is $ If the market's required yield to maturity on a comparablerisk bond is percent what is the value of the bond? What is its value if the interest is paid annually?
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a The value of the Enterprise bonds if the interest is paid semiannually is $enter your response here. Round to the nearest cent.
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