Question: answer a and b Problem 7-6 (similar to) Questby Help (Bond valuation) Hamilton, Inc. bonds have a coupon rate of 11 percent. The interest is

answer a and b answer a and b Problem 7-6 (similar to) Questby Help (Bond valuation)

Problem 7-6 (similar to) Questby Help (Bond valuation) Hamilton, Inc. bonds have a coupon rate of 11 percent. The interest is paid semiannually, and the bonds mature in 15 years. Their per value 51.000. If your routed rate retum is 16 percent, what is the value of the bond? What is the value of the interest is paid annually? a. If the interest is paid semiannually, the value of the bond is (Round to the newest cent)

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