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Enterprise, Inc. bonds have an annual coupon rate of 1 5 percent. The interest is paid semiannually and the bonds mature in 1 3 years.

Enterprise, Inc. bonds have an annual coupon rate of 15 percent. The interest is paid semiannually and the bonds mature in 13 years. Their par value is $1000. If the market's required yield to maturity on a comparable-risk bond is 11percent
what is the value of the bond? What is its value if the interest is paid annually?
Please answer both questions at the end!

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