Explain pattern and the type of risk


A company has a bond issue outstanding that pays $150 annual interest plus $1000 at maturity. The bond has a maturity of 10 years. Compute the value of the bond when the interest rate is 5%, 9%, and 13%. Describe the pattern and the type of risk that may apply.

Please do work in word not excel, if possible.

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Finance Basics: Explain pattern and the type of risk
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