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The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 20 years. Compute the current price

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The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 20 years. Compute the current price of the bonds if the present yield to maturity is: a. 6 percent. b. 8 percent. c. 12 percent. 2. Applied Software has $1,000 par value bonds outstanding at 12 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is: a. 11 percent. b. 13 percent. c. 16 percent. 3. Barry's Steroids Company has $1,000 par value bonds outstanding at 12 percent interest. The bonds will mature in 50 years. Compute the current price of the bonds if the percent yield to maturity is: a. 4 percent. b. 14 percent

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