Question: Repeat parts (a) through (c) of Problem using a required rate of return on the bond of 11 percent. What do your calculations imply about

Repeat parts (a) through (c) of Problem using a required rate of return on the bond of 11 percent. What do your calculations imply about the relation between time to and bond price volatility?

In Problem, Calculate the fair present value of the following bonds, all of which have a 10 percent rate (paid semiannually), of $ 1,000, and a required rate of return of 8 percent.

a. The bond has 10 years remaining to

b. The bond has 15 years remaining to

c. The bond has 20 years remaining to

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