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14)You are considering the purchase of a$1,000par value bond with a coupon rate of4.3%(with interest...

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Finance

14)You are considering the purchase of a$1,000par value bond with a coupon rate of4.3%(with interest paid semiannually) that matures in12years. If the bond is priced to yield 8%,what is the bond's current price?

17)You have the opportunity to purchase a24-year,$1,000 par value bond that has an annual coupon rate of6%.If you require a YTM of 7.2%,how much is the bond worth to you?

19) Calculate the value of the bond shown in the table below, which pays interest annually. The price of the bond is ?

Par Value

Coupon Interest Rate

Years to Maturity

Required Return

$100

7.7%

27

14.8%

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