Question: P 1 1 . 4 * * Using semiannual compounding, find the prices of the following bonds. a . A 1 0 % , 1

P11.4** Using semiannual compounding, find the prices of the following bonds. a. A 10%,15-year bond priced to yield 7% b. A 6%,10-year bond priced to yield 10% Repeat the problem using annual compounding. Then comment on the dierences you found in the prices of the bonds.

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