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solve both (Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 19 years and has a $1,000 par value.
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(Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 19 years and has a $1,000 par value. The annual coupon interest rato is 12 percent and the market's required yield to maturity on a comparable-risk bond is 11 percent The value of the bond is $]). (Round to the nearest cent.) (Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 12 years has a $1,000 par value. The annual coupon interest rate is 9 percent and the market's required yield to maturity on a comparable-risk bond is 14 percent. What would be the value of this bond if it paid interest annually? What would be the value of this bond if it paid interest semiannually? a. The value of this bond if it paid interest annually would be $. (Round to the nearest cent.) Step by Step Solution
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