Question: The Lakeside Electronics Company has two bond issues outstanding. Both bonds pay $100 semiannual interest plus $1,000 at maturity. Bond A has a remaining maturity

The Lakeside Electronics Company has two bond issues outstanding. Both bonds pay $100 semiannual interest plus $1,000 at Bond A has a remaining of 15 years; bond B has a of one year. What is the value of each of these bonds now when the going rate of interest is 9%?

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