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Part 2 of 2 Points: 0 of 6 Bond valuation) Hamilton, Inc. bonds have a coupon rate of 12 percent. The interest is paid
Part 2 of 2 Points: 0 of 6 Bond valuation) Hamilton, Inc. bonds have a coupon rate of 12 percent. The interest is paid semiannually, and the bonds mature in 9 years. Their par value is $1,000. If your required rate of return is 4 percent, what is the value of the bond? What is the value if the interest is paid annually? a. If the interest is paid semiannually, the value of the bond is $ 899 41. (Round to the nearest cent.) b. If the interest is paid annually, the value of the bond is $. (Round to the nearest cent.)
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