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Using semiannual compounding, find the prices of the following bonds: a. A 9%, 15-year bond priced to yield 7.8%. b. A 7.1%, 10-year bond priced

Using semiannual compounding, find the prices of the following bonds: a. A 9%, 15-year bond priced to yield 7.8%. b. A 7.1%, 10-year bond priced to yield 8.3%. c. A 12.4%, 20-year bond priced at 11.2%. Repeat the problem using annual compounding. Then comment on the differences you found in the prices of the bonds. Question content area bottom Part 1 a1. Using semiannual compounding, the price of the bond is $enter your response here

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