Question: Problem 15 Intro One of General Electric's bond issues has an annual coupon rate of 3.9%, a face value of $1,000 and a required return

 Problem 15 Intro One of General Electric's bond issues has an

Problem 15 Intro One of General Electric's bond issues has an annual coupon rate of 3.9%, a face value of $1,000 and a required return of 5%. 8 Attempt 1/1 for 10 pts. Part 1 What is the value (or price) of the bond if the bond matures in 5 years? 0+ decimals Submit B Attempt 1/1 for 10 pts. Part 2 What is the value of the bond if the bond matures in 10 years? 0+ decimals Submit IB Attempt 1/1 for 10 pts. Part 3 What is the value of the bond if the bond matures in 30 years? 0+ decimals Submit

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