Business
Business, 07.10.2019 23:10, finedock

Miller corporation has a premium bond making semiannual payments. the bond pays a coupon of 10 percent, has a ytm of 8 percent, and has 14 years to maturity. the modigliani company has a discount bond making semiannual payments. this bond pays a coupon of 8 percent, has a ytm of 10 percent, and also has 14 years to maturity. what is the price of each bond today? price of miller corporation bond $ price of modigliani company bond $ interest rates remain unchanged, what do you expect the prices of these bonds to be 1 year from now? in 4 years? in 9 years? in 13 years? in 14 years? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)price of bond miller corporation bond modigliani company bond 1 year $ $ 4 years $ $ 9 years $ $ 13 years $ $ 14 years $ $

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