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I need help with this problem (Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 16 years has a $1.000 par value. The

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(Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 16 years has a $1.000 par value. The annual coupon inknest rate is 12 percent and the markets required yield to maturity on a comparablerink bond is 15 percent. What would be the value of this bond if it paid interest annually? What would be the value of this bond if it paid interest 5ernianfually? a. The vatue of this bond it it paid interest annually would be s (Round to the nearest cent) b. The value of this bond if it paid interest seniannualy would be : (Round to the nearest cent.)

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