Question: Calculate the value of each of the bonds shown in the following table, all of which pay interest annually. Bond Par value $1,000 1,000 Coupon

Calculate the value of each of the bonds shown in the following table, all of which pay interest annually.

Bond Par value $1,000 1,000 Coupon interest rate Years to maturity 20

Bond Par value $1,000 1,000 Coupon interest rate Years to maturity 20 16 Required return 14% 12% 100 10 16 12 13 18 10 500 13 10 1,000

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