Bond valuationlong dashSemiannual interestCalculate the value of each of the bonds shown in the following...
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Finance
Bond
valuationlong dashSemiannual
interestCalculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)
| Bond | Par Value | Coupon interest rate | Years to maturity | Required stated annual return |
| ||||
| A | $500 | 9 | % | 8 | 9 | % | |||
| B | 500 | 12 | 20 | 12 | |||||
| C | 100 | 14 | 6 | 14 | |||||
The value of bond A is
$ .
(Round to the nearest cent.)The value of bond B is
$ .
(Round to the nearest cent.)The value of bond C is
$.
(Round to the nearest cent.)
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