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Question 2 1 pts A bond is paying 1 0 percent interest off of a $ 1 , 0 0 0 par value for 2

Question 2
1 pts
A bond is paying 10 percent interest off of a $1,000 par value for 20 years. Assume interest rates in the market (yield to maturity).
A. What is the bond price at 12 percent? ( $850.61)
B. What is the bond price at 6 percent?
($1.459.00)
Correct answers are shown in the parentheses next to the 2 parts please show all work so i can understand how to get these answers for part A and B
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