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Intro One of IBM's bond issues has an annual coupon rate of 3.8%, a face value of $1,000 and matures in 9 years. Part 1

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Intro One of IBM's bond issues has an annual coupon rate of 3.8%, a face value of $1,000 and matures in 9 years. Part 1 8 Attempt 1/2 for 10 pts. What is the value (or price) of the bond if the required return is 5%? No decimals Submit Part 2 0 8 Attempt 1/2 for 10 pts. What is the value of the bond if the required return is 6%? No decimals Submit Part 3 8 Attempt 1/2 for 10 pts. What is the value of the bond if the required return is 7%? No decimals Submit

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