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Jon Johnson specializes in buying bonds that trade well below par value and is looking into bonds issued by HPt. Incorporated. The $1,000 par value

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Jon Johnson specializes in buying bonds that trade well below par value and is looking into bonds issued by HPt. Incorporated. The $1,000 par value bond with semiannual poyments has 5 percent annual interest and has 14 years remaining to maturity The current yleld to maturity on similar bonds is 12 percent. (Use o Finencial calculotor/Excel to arrive ot the answers. Do not round intermediate calculotions. Round the final answers to 2 decimal ploces. Submit all colsulations on Moodie) 0. What is the current price of the bonds? Current price \$ b. By what percent will the price of the bonds increase between now and maturity? Price increases by Jon Johnson specializes in buying bonds that trade well below par value and is looking into bonds issued by HPt. Incorporated. The $1,000 par value bond with semiannual poyments has 5 percent annual interest and has 14 years remaining to maturity The current yleld to maturity on similar bonds is 12 percent. (Use o Finencial calculotor/Excel to arrive ot the answers. Do not round intermediate calculotions. Round the final answers to 2 decimal ploces. Submit all colsulations on Moodie) 0. What is the current price of the bonds? Current price \$ b. By what percent will the price of the bonds increase between now and maturity? Price increases by

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