1,What is the value of an Orion bond with a face value of $1,000, that has a 9 percent coupon, pays interest semiannually, and has 15 years to maturity, if the required rate of return is 12 percent?,,2 An Ace Chemical 1,000 bond carries a 7 percent coupon, pays interest semiannually, and has 10 years to maturity. What is the bond’s yield to maturity if the bond is selling for $937.75?,,
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