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FIN-320-T1299 Principles of Finance 20EW1 Alson Pituch & 10/10/2010 35 PM Homework: 7-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 4 3 of 12
FIN-320-T1299 Principles of Finance 20EW1 Alson Pituch & 10/10/2010 35 PM Homework: 7-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 4 3 of 12 (2 complete HW Score: 14 22% 7.11 of 50 pts P9-4 (similar to) Question (Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 11 years has a $1.000 par value. The annual coupon interest rate is 9 percent and the markets required yield to maturity on a comparable bond is 16 percent. What would be the value of this bondit paid interest annual? What would be the value of this bond if a paid interest semiannually a. The value of this bond paid interest annually would be $ 547 (Round to the nearest cent) b. The value of this bond if it paid interest semiannually would be 5 (Round to the nearest cent) Enter your answer in the answer box and then click Checker All parts showing Type here to search 3
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