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Business, 09.05.2021 14:00 CM0

Three bonds have face value of `1,000, coupon rate of 12 per cent and maturity of 5 years. One pays
interest annually, one pays interest half-yearly, and
one pays interest quarterly. Calculate the prices of
bonds if the required rate of return is (a) 10 per cent,
(b) 12 per cent and (c) 16 per cent.

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Three bonds have face value of `1,000, coupon rate of 12 per cent and maturity of 5 years. One pay...
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