What is the value of each of these bonds now

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Lakeside electronics has 2 bonds issued outstanding. Both bonds pay $100 semiannual interest plus $1000 at maturity. Bond A has a remaining maturity of 15 years; bond B has a maturity of 1 year. What is the value of each of these bonds now when the rate of interest is 9%?

Reference no: EM13270675

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