Question: compare between the two cases and comment on the result 1. the following information about ABC company's bond, par value= $1,000 maturity years = 15

compare between the two cases and comment on the result

1. the following information about ABC company's bond, par value= $1,000 maturity years = 15 coupon rate = 8% YTM = 6.18. Calculate the bond price

2. calculate the value of bond that matures in 15 years and has a $1,000 par value. the coupon rate is 9% annually and the market's required yield to maturity on a comparable risk bond is 12%

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