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Lone star company has $1,000 per value bonds outstanding at 9% interest. The bonds will mature in 16 years. Unit4Homework >x nt' Apps v iCloud

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Lone star company has $1,000 per value bonds outstanding at 9% interest. The bonds will mature in 16 years.

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Unit4Homework >x nt' Apps v iCloud McGraw-HillConne: IF": ESPNzTheWorldwici Lu: SAM ' ACtiVity Cale" & MyJDSN D Web Login Service Unit 4 Homework Question 7(of10) value. 10.00 points The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 16 years. Use App-anx-B and Appendix!) for an approximate but edna."- answer using the formula and financial calculator methods. Compute the current price of the bonds if the present yield to maturity is. (Do not round intermediate calculations. Round your l Ianswers to 2 (Jr: nai plSCE'. A" Bond Price a. 7 percent 1 tb. {9 percent 7 c. 15 percent "72124 ,A ,. 1 Are; ma , :: ,O [D] m "ol X VE iii Wa e '7'".10/24,i

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