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need answers for question 11 and 12 Question 11 (4 points) You are considering buying bonds in ACBB, Inc. The bonds have a par value

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Question 11 (4 points) You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 25 years. The annual coupon rate is 18.0% and the coupon payments are annual. If you believe that the appropriate discount rate for the bonds is 9.0%, what is the value of the bonds to you? $507.98 $2043.16 $1884.03 $596.54 $1971.55 Question 12 (4 points) You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 18 years. The annual coupon rate is 20.0% with semi-annual coupon payments. You would expect a quoted annual return of 14.0% if you purchased these bonds. What is the value of the bonds to you? $1301.77 $1482.30 $709.70 $1391.06

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