Using semiannual??ompounding, find the prices of the following??onds:a.b.c.a1.b1. c1. a2.b2. c2.A 9.5?%, ?15-year bond priced to yield 7.3?%. A 6.5?%, ?10-year bond priced to yield 8.7?%. A 11.5?%, ?20-year bond priced at 9.3?%.Repeat the problem using annual compounding. Then comment on the differences you found in the prices of the bonds. Using semiannual??ompounding, the price of the bond is?.?(Round to the nearest??ent.)Using semiannual??ompounding, the price of the bond is?.?(Round to the nearest??ent.)Using semiannual??ompounding, the price of the bond is?. ?(Round to the nearest??ent.) Using annual??ompounding, the price of the bond is?. ??Round to the nearest??ent.)Using annual??ompounding, the price of the bond is?. ??Round to the nearest??ent.)Using annual??ompounding, the price of the bond is?. ??Round to the nearest??ent.)Comment on the differences you found in the prices of the bonds. ?(Select the best answer??elow.)Bonds selling at a premium sell at lower prices when the interest is compounded semiannually as opposed to annually.??ccordingly, bonds selling at a discount sell at lower prices when the interest is compounded annually as opposed to semiannually.Bonds selling at a premium sell at higher prices when the interest is compounded semiannually as opposed to annually.??ccordingly, bonds selling at a discount sell at higher prices when the interest is compounded annually as opposed to semiannually.AccountingBusinessFinancial AccountingFIN 3320
