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Graph/chart The required rotum is currently 17K, and the company is cortain it will remain at 17% untit the bond masures in 15 yours a.
Graph/chart The required rotum is currently 17K, and the company is cortain it will remain at 17% untit the bond masures in 15 yours a. Assuming that the required rotum does remain at 17% unbl maturity, find the value of the bond with (1) 15 years, (2) 12 years, (3) 9 years, (4) 6 years, (5) 3 years, (6) 1 year to maturity. b. All else equal, when the required rebum differs from the coupon rate and is constant to maturity, what happens to the bond value 85 time passes? Explain in light of the following graph a. (1) The value of the bond with 15 years to maturity is 5 (Round to the nearest cent.)
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