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Bond prices and maturity dates Les Company is about to issue a bond with semana...

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Bond prices and maturity dates Les Company is about to issue a bond with semana con payments, an annual core rate of 7%, and a peale of $5,000. The yieldo mitunity for this bond is 6% What is the price of the bond it it matures in 10, 15, 20. 25 years? b. What do you notice about the price of the bond in relationship to the maturity of the bond? a. What is the price of the bond if it matures in 10 years? (Round to the nearest cent) What is the price of the bond it matures in 15 years? (Round to the nearest cent) What is the price of the bond if it matures in 20 years? (Round to the nearest cent) What is the price of the bond if it matures in 25 years? (Round to the nearest cent) What is the price of the bond it it matures in 25 years? (Round to the nearest cent.) b. What do you notice about the price of the bond in relationship to the maturity of the bond? (Select the best response) O A. As the time to maturity increases the price of the bond decreases first and then increases OB. As the time to maturity increases the price of the bond increases first and then decreases. OC. As the time to maturity increases the price of the bond decreases D. As the time to maturity increases the price of the bond increases

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