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QUESTION 4 Mecos Manufacturing has just issued a 15 year, 12% coupon interest rate, $1,000 per bond that pays interest annually. The required return is

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QUESTION 4 Mecos Manufacturing has just issued a 15 year, 12% coupon interest rate, $1,000 per bond that pays interest annually. The required return is currently 1496. and the company is certain it will remain at 14% until the bond matures in 15 years Assuring that the recruited retumdows remain at 14% until maturity, find the value of the bond now. What will be the price of the band after 5 years have passed? What will be the price after 12 years have passed? What trend do you see? TTT Aria 33 Consumers Chew All Antall ans S NA

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