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National Steel's 15-year, $1000 par value bonds pay 9 percent interest annually. The market price...

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Finance

National Steel's 15-year, $1000 par value bonds pay 9 percent interest annually. The market price of the bonds is $, and your required rate of return is 12 percent. a. Compute the bond's expected rate of return. b. Determine the value of the bond to you, given your required rate of return. c. Should you purchase the bond? a. What is the expected rate of return of the bond? B. what is the value of the bond to you.given 12% required rate of return? c. should you purchase the bond

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