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Case Opportunity cost, r Number of periods, A 2% 4 10 2 C 13 2...

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Case Opportunity cost, r Number of periods, A 2% 4 10 2 C 13 2 2.Bond value and changing required returns Midland Utilities has outstanding a bond issue that will mature to its $1,000 par value in 12 years. The bond has a coupon interest rate of 11% and pays interest annually. a.Find the value of the bond if the required return is (1) 11%, (2) 15%, and (3) 8% b. Plot your findings in part a on a set of "required return (x axis)-market value of bond (y axis)" axes

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