Question: Please help.. D (amen / L, -. E] https eztomheducationcom ' El 0 merry Heme W Black lard age EMail in linkedln Indeed Thrift Savings
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D (amen / L, -. E] https eztomheducationcom ' El 0 merry Heme W Black lard age EMail in linkedln Indeed Thrift Savings Plan Gangle '- Other rewrites Exam 3 0 Saved Help Save 3. Exit Submit You are called in as a nancial analyst to appraise the bonds of Olsen's Clothing Stores. The $1,000 par value bonds have a quoted annual interest rate of12 percent. which is paid semiannually. The yield to maturity on the bonds is 10 percent annual interest. There are 20 years to maturity. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and nancial calculator methods. a. Compute the price of the bonds based on semiannual analysis. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 4 pol nts b. With 15 years to maturity, if yield to maturity goes down substantially to 6 percent. what will be the new price of the bonds? (Do not round intermediate calculations. Round your nal answer to 2 decimal places.) New bond price I Prey 1 of 25 Next )
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