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type answer no fluff healthcare finance 3- Assume Broward General Hospital (BGI) issued bonds that have a ten-year maturity, a 12% coupon rate with annual

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type answer
no fluff
healthcare finance
3- Assume Broward General Hospital (BGI) issued bonds that have a ten-year maturity, a 12% coupon rate with annual payment, and $1,000 par value. 3a- Suppose that two years after the bonds were issues, the required interest rate fell to 7% What would be the bonds value? (5points) 3b- Suppose that two years after the bonds were issues, the required interest rate rose to 13% What would be the bonds' value? (5points)

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