Bonds Current Market Price Per Bond Years...
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Finance
| Bonds | ||||
| Current Market Price Per Bond | Years to Maturity | Coupon Payment Frequency | Coupon Rate | Company |
| $1100 | 12 | Semi-Annually (2 times a year) | 6.30% | A |
| $750 | 6 | Quarterly (4 times a year) | 1.50% | B |
If the required rate of return for both bonds is 5%, then what is the maximum price one will pay for each company`s bond.
Note: Face value is $1000 for both bonds.
Pls use excel.
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