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Problem 4 Intro One of IBM's bond issues has an annual coupon rate of 3.9%, a face value of $1,000 and matures in 12 years
Problem 4 Intro One of IBM's bond issues has an annual coupon rate of 3.9%, a face value of $1,000 and matures in 12 years Part 1 What is the value (or price) of the bond if the required return is 5%? B Attempt 1/10 for 8 pts Submi Part 2 what is the value of the bond if the required return is 6%? 11 8 Attempt 1/10 for 8 pts. ~ No decimais Submit Part 3 What is the value of the bond if the required return is 7%? B Attempt 1/10 for 8 pts Submit
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