Humana inc is a for-profit american health insurance, Ask an Expert

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Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. The company has a series of $1,000 par value bonds outstanding. Each bond pays interest semi-annually and carries an annual coupon rate of 6%. Some bonds are due in four years while others are due in 10 years. If the required rate of return on bonds is 9%, what is the current price of: (PLEASE SHOW YOU RWORK).

a) The bonds with 4 years to maturity?

b) The bonds with 10 years to maturity?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92741520

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