Bond prices and maturity dates. Les Company is about to issue a bond with semiannual coupon LOADING. ​payments, an annual



Bond prices and maturity dates. Les Company is about to issue a bond with semiannual coupon LOADING. ​payments, an annual coupon rate LOADING. of 10 ​%, and a par value LOADING. of ​$1 comma 000 . The yield to maturity LOADING. for this bond is 8 ​%. a. What is the price of the bond if it matures in 5 ​, 10 ​, 15 ​, or 20 ​years? b. What do you notice about the price of the bond in relationship to the maturity LOADING. of the​ bond?




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