Question: HELP A & B (Bond valuation) Hamilton, Inc. bonds have a coupon rate of 15 percent. The interest is paid semiannually, and the bonds mature
HELP A & B
(Bond valuation) Hamilton, Inc. bonds have a coupon rate of 15 percent. The interest is paid semiannually, and the bonds mature in 13 years. Their par value is $1,000. If your required rate of return is 8 percent, what is the value o What is the value if the interest is paid annually? a. If the interest is paid semiannually, the value of the bond is $ (Round to the nearest cent.)
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