What would be the value of bond if paid interest? annually

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A bond that matures in 17 years has a ?$1,000 par value. The annual coupon interest rate is 12 percent and the? market's required yield to maturity on a? comparable-risk bond is 15 percent.

Problem 1: What would be the value of this bond if it paid interest? semiannually?

Problem 2: What would be the value of this bond if it paid interest? annually?

Reference no: EM132815939

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