quesun-ellushe... BCOR 2204-001,002,003,004,005,006,007,008,009,010,011,012,013,014:Princ of Financial Mgmtng Kim & 11/20/20 11:27 PM Homework: Finance Homework 2 San Score: 0 of 7 pts 11 of 13 (5 complete) HW Score: 38.46%, 35 of 91 pts P6-15 (similar to) Question Help Basic bond valuation Complex Systems has an outstanding issue of $1,000-par-value bonds with a 14% coupon interest rate. The issue pays interest annually and has 18 years remaining to its maturity date. a. If bonds of similar risk are currently earning a rate of return of 8%, how much should the Complex Systems bond sell for today? b. Describe the two possible reasons why the rate on similar-risk bonds is below the coupoi interest rate on the Complex Systems bond. c. If the required return were at 14% instead of 896, what would the current value of Complet Systems' bond be? Contrast this finding with your findings in part a and discuss a. If bonds of similar risk are currently earning a rate of return of 8%, the Complex Systems bond should sell today for (Round to the nearest cent.) si Enter your answer in the answer box and then click Check