Question: I need help solving this problem Intro One of IBM's bond issues has an annual coupon rate of 3.8%, a face value of $1,000 and

I need help solving this problem

Intro One of IBM's bond issues has an annual coupon rate of 3.8%, a face value of $1,000 and matures in 8 years. Part 1 [1) Attempt 1/10 for 10 pts What is the value of the bond if the required return is 5% ? Part 2 [1] Attempt 1/10 for 10 pts. What is the value of the bond if the required return is 6%

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