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The Metchosin Corporation has two different bonds currently outstanding Bond M has a face value of $ 5 0 , 0 0 0 and
The Metchosin Corporation has two different bonds currently outstanding Bond M has a face value of $ and matures in yearsThe bond makes no payments for the first six years then pays $ every six months over the subsequent eight years, and finally pays $ every six months over the last six years. Bond N also has a face value of $ and a maturity of yearsit makes no coupon payments over the life of the bond. The required return on both these bonds is compounded semiannually what is the current price of bond M and bond N Do not round intermediate calculations Round the final answers to decimal places Current Price Bond Bond N
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