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Homework: Chapter 6 Homework Score: 0 of 1 pt 4 of 6 (2 complete) HW Score: 33.33%, 2 of 6 B6-12 (static) Question Help Overview,

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Homework: Chapter 6 Homework Score: 0 of 1 pt 4 of 6 (2 complete) HW Score: 33.33%, 2 of 6 B6-12 (static) Question Help Overview, question 4 of 6, 2 complete Bond prices and maturity dates Les Company is about to issue a bond with se $1,000. The yeldtomatunty for this bond is 8%. annual coupon payments, an annual ggi onrate of 10%, and a par value of a. What is the price of the bond if it matures in 5, 10, 15, or 20 years? b. What do you notice about the price of the bond in relationship to the maturity of the bond? a. What is the price of the bond if it matures in 5 years? (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer Clear All Check Answer remaining Scr 2018 This course (Finance 301: Introduction to Managerial Finance) is based on Brooks: Fin Concepts 3e

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