Question: Please answer. Step bu Step Name&Surname:... Student no::.... 1. To finance a new line of product, Larissa Toys has issued a bond with a par
Please answer. Step bu Step

Name&Surname:... Student no::.... 1. To finance a new line of product, Larissa Toys has issued a bond with a par value of $1,000, coupon rate of 8 percent, and maturity of 30 years. (20p) a) Compute the price of the bond if the required return on the bond is 10% and interest is paid annually. b) Compute the price of the bond if the required return on the bond is 10% and interest is paid semi-annually Tie Caminad bonds with unvon rate of 150% 2 11 6
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