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The Garraty Company has two bond issues outstanding. Both bonds pay $ 1 0 0 annual interest plus $ 1 , 0 0 0 at
The Garraty Company has two bond issues outstanding. Both bonds pay $ annual interest plus $ at maturity. Bond L has a maturity of years, and Bond S has a maturity of year. What will be the value of each of these bonds when the going rate of interest is Assume that there is only one more interest payment to be made on Bond S Do not round intermediate calculations. Round your answers to the nearest cent. Bond L: $ Bond S: $ What will be the value of each of these bonds when the going rate of interest is Assume that there is only one more interest payment to be made on Bond S Do not round intermediate calculations. Round your answers to the nearest cent. Bond L: $ Bond S: $ What will be the value of each of these bonds when the going rate of interest is Assume that there is only one more interest payment to be made on Bond S Do not round intermediate calculations. Round your answers to the nearest cent. Bond L: $ Bond S:
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