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Score: 0 of 1 pt 4 of 6 (0 complete) HW Score: 0%, 0 of 6 pts ile Instructor-created question 12 iin Sunshine Corp bonds
Score: 0 of 1 pt 4 of 6 (0 complete) HW Score: 0%, 0 of 6 pts ile Instructor-created question 12 iin Sunshine Corp bonds have 13 percent coupon rate and $1,000 of par value. Maturity is 20 years. The requird rate of return is 9 percent. what should be the price? What happens if you pay more than what you should pay? What happens if you pay less than what should you pay? a. The price should be $ . (Round to the nearest cent) al b. The bond investment should not be accpeted if you pay for the bond because the expected rate of return for the bond is than your required rate of return. (Select from the drop-down menus.) bruge
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