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please help with both questions (Bond valuation) Hamilton, Inc. bonds have a coupon rate of 9 percent. The interest is paid semiannually, and the bonds
please help with both questions
(Bond valuation) Hamilton, Inc. bonds have a coupon rate of 9 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 15 percent, what is the value of the bond? What is the value if the interest is paid annuallyStep by Step Solution
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