What is the price of the bond if it matures in 15 20 25 or, Financial Management

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What is the price of the bond if it matures in 15 20 25 or

Bond prices and maturity dates. Les Company is about to issue a bond with quarterly coupon ?payments, an annual coupon rate of 15?%, and a par value of ?$5,000. The yield to maturity for this bond is 12?%.

a. What is the price of the bond if it matures in 15, 20, 25, or 30 ?years?

b. What do you notice about the price of the bond in relationship to the maturity of the? bond?

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Financial Management: What is the price of the bond if it matures in 15 20 25 or

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Financial Management: What is the price of the bond if it matures in 15 20 25 or

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