question archive Intro One of General Electric's bond issues has an annual coupon rate of 3

Intro One of General Electric's bond issues has an annual coupon rate of 3

Subject:FinancePrice:2.86 Bought8

Intro One of General Electric's bond issues has an annual coupon rate of 3.8%, a face value of $1,000 and a required return of 5%. Part 1 8 | Attempt 1/3 for 10 pts. What is the value (or price) of the bond if the bond matures in 5 years? 0+ decimals Submit Part 2 18 Attempt 1/3 for 10 pts. What is the value of the bond if the bond matures in 30 years? 0+ decimals Submit

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