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Really need help with these questions please and thank you! #2 O Assume a par value of $1,000. Caspian Sea plans to issue a 9.00
Really need help with these questions please and thank you!
#2 O Assume a par value of $1,000. Caspian Sea plans to issue a 9.00 year, annual pay bond that has a coupon rate of 8.06%. If the yield to maturity for the bond is 7.58%, what will the price of the bond bo? Submit Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 14.00 year, annual pay bond that has a coupon rate of 7.80%. If the yield to maturity for the bond is 8.25%, what will the price of the bond bo? Submit Answer format: Currency: Round to: 2 decimal places. 14 What is the value today of a money machine that will pay $2,617.00 per year for 15.00 years? Assume the first payment is made 6.00 years from today and the interest rate is 9.00%. Submit Answer format: Currency Round to: 2 decimal places Step by Step Solution
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