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Save Homework: Chapter 16 Score: 0 of 1 pt 3 of 4 (2 complete) HW Score: 33 33%, 1.33 of 4 pls Planning #5 (similar

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Save Homework: Chapter 16 Score: 0 of 1 pt 3 of 4 (2 complete) HW Score: 33 33%, 1.33 of 4 pls Planning #5 (similar to): Return on Bond Question Help Return on Bonds. Timothy has an opportunity to buy a $5,000 par value corporate bond with a coupon rate of 6% and a maturity of five years. The bond pays interest annually. If Timothy requires a return of 9% what should be pay for the bond? Il Timothy requires a retum of 9%, the amount he should pay for the bond is $[] (Round to the nearest cont.) Score: 0 of 1 pt 4 of 4 (2 complete) HW Score: 33 33%, 1.33 of 4 pts Planning #6 (similar to): Bond Valuation E Question Help Bond Valuation, Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 4 1% The bonds have a 7-year maturity, and Mia requires a 3% retum How much should Mia pay for her bonds, assuming interest is paid annually? The amount Mia should pay for the bonds is $(Round to the nearest cont)

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