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Bond Valuation Assignment | Homework For You

Author:
May 30th, 2020

(Bond valuation​) ​Hamilton, Inc. bonds have a coupon rate of 8 percent. The interest is paid​ semiannually, and the bonds mature in 14 years. Their par value is ​$1,000. If your required rate of return is 15 ​percent, what is the value of the​ bond? What is the value if the interest is paid​ annually?Homework For You

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a. If the interest is paid​ semiannually, the value of the bond is

​$nothing.

​(Round to the nearest​ cent.)b. If the interest is paid​ annually, the value of the bond is

​$nothing.

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​(Round to the nearest​ cent.) Get Finance homework help today

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