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Intro One of IBM's bond issues has an annual coupon rate of 3.4%, a face value of $1,000 and matures in 12 years. Part

Intro One of IBM's bond issues has an annual coupon rate of 3.4%, a face value of $1,000 and matures in 12 years. Part 1 What is the value of the bond if the required return is 5%7 0+ decimals Submit Attempt 1/10 for 10 pts. BAttempt 1/10 for 10 pts. Part 2 What is the value of the bond if the required return is 6%? 0+ decimals Submit

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