5. Calculate the value of a bond that matures in eight years, pays interest annually...

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Accounting

5. Calculate the value of a bond that matures in eight years, pays interest annually and has a $1,000 par value. The coupon interest rate is 11% and the markets required yield to maturity on a comparable risk bond is 12%.

6. Calculate the value of a bond that matures in twenty years, pays interest semi-annually and has a $1,000 par value. The coupon interest rate is 10% and the markets required yield to maturity on a comparable risk bond is 12%.

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