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Heathcote LLC has 7 -year, $5,000 face value, semi-annual-coupon bonds with an 12% coupon rate and a YTM of 3.764%. Hailie Arvid is consulting for

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Heathcote LLC has 7 -year, $5,000 face value, semi-annual-coupon bonds with an 12% coupon rate and a YTM of 3.764%. Hailie Arvid is consulting for Heathcote LLC and wants to predict what the market value of one of these bonds will be. Market value of one bond (round to two decimals): $ What would Hailie assume to be the required return by the bondholders? 7.528% Not enough information to tell 3.764% None of the above

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