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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. IB Attempt 1/2

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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. IB Attempt 1/2 for 10 pts. Part 1 What is the value of the bond if the required return is 5%? 0+ decimals Submit Part 2 IB Attempt 1/2 for 10 pts. What is the value of the bond if the required return is 6%? 0+ decimals

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