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

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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, 3.5 percent, GE Capital, 8.5 percent, and Morgan Stanley, 12 percent, where:
b. The bonds are selling for the following amounts:
\table[[Microsoft,$1,368
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