(Answered) A bond that matures in 15years has a 1000par value the

Finance

A bond that matures in 15years has a ?$1,000par value. The annual coupon interest rate is 13percent and the? market's required yield to maturity on a? comparable-risk bond is 15percent. What would be the value of this bond if it paid interest? annually? What would be the value of this bond if it paid interest? semiannually?

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