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Homework 5 Chapter 10 TO Question 10 of 15 - / 2.5 View Policies...

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Finance

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Homework 5 Chapter 10 TO Question 10 of 15 - / 2.5 View Policies Current Attempt in Progress Assume a $1,000 face value bond has a coupon rate of 7.0 percent paid semiannually and has an eight-year life. (a) If investors are willing to accept a 10.2 percent rate of return on bonds of similar quality, what is the present value or worth of this bond? (Round final answer to nearest dollar amount.) Present value $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (b). What is the value of the bond if investors wanted an 6.5-percent rate of return? (Round final answer to nearest dollar amount.) Bond value $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit

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