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December 22, 2014

Homework Help: finance

Posted by brenda on Wednesday, January 16, 2008 at 10:55am.

If there a two bonds issued and each pay $100.annual interest plus $1000. at maturity, Bond L has maturity of 15yrs.; Bond S maturity of 1 yr., what will be the value of each bond when the interest rate is 5%, 8% and12%? Assuming only one payment left to be made.

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