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Here are data on $ 1 , 0 0 0 par value bonds issued by Microsoft, GE Capital, and Morgan Stanley. Assume you are thinking

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Here are data on $1,000 par value bonds issued by Microsoft, GE Capital, and Morgan Stanley. Assume you are thinking about buying these bonds. Answer the following questions:
a. Assuming interest is paid annually, calculate the values of the bonds if your required rates of return are as follows: Microsoft, 3 percent; GE Capital, 7.5 percent, and Morgan Stanley, 11 percent, where
b. The bonds are selling for the following amounts:
\table[[\table[[Microsoft],[GE Capital]]],[Morgan Stanley $840
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