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The Kalodop Corporation issues 12% annual coupon bonds that pay $1,000 at maturity. These bonds mature in 15 years. What is the value (PV) or
The Kalodop Corporation issues 12% annual coupon bonds that pay $1,000 at maturity. These bonds mature in 15 years. What is the value (PV) or (Vb) of the bonds if the current or market or prevailing or going or YTM is 10%. Show work
Now assume that the current or market or prevailing or going or YTM rate is 12% on the bond above. What is its Vb or PV? show work
Now assume that the current or market or prevailing or going or YTM rate is 14% on the bond above. What is the Vb or PV? Show work
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