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PROBLEM 1) One of IBM's bond issues has an annual coupon rate of 3.5%, a face value of $1,000 and matures in 15 years. FIND

PROBLEM 1)

One of IBM's bond issues has an annual coupon rate of 3.5%, a face value of $1,000 and matures in 15 years.

FIND THE FOLLOWING:

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Problem 11)

A corporate bond has 23 years to maturity, a face value of $1,000, a coupon rate of 5.3% and pays interest twice a year. The annual market interest rate for similar bonds is 3.3%.

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Intro One of IBM's bond issues has an annual coupon rate of 3.5%, a face value of $1,000 and matures in 15 years. Part 1 Attempt 1/6 for 10 pts. What is the value (or price) of the bond if the required return is 5%? 0+ decimals Submit Attempt 1/6 for 10 pts. Part 2 What is the value of the bond if the required return is 6%? 0+ decimals Submit Part 3 | Attempt 1/6 for 10 pts. What is the value of the bond if the required return is 7%? 0+ decimals Submit Problem 11 Intro A corporate bond has 23 years to maturity, a face value of $1,000, a coupon rate of 5.3% and pays interest twice a year. The annual market interest rate for similar bonds is 3.3%. | Attempt 1/6 for 10 pts. Part 1 What is the price of the bond (in $)? 0+ decimals Submit Part 2 Attempt 1/6 for 10 pts. 2 years later, the market interest rate for similar bonds has gone up to 4.3%. What is the new price of the bond (in $)? 0+ decimals Submit

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