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09) (3.5 marks) Shomig pays $1075.50 for a 5 year bond with a 9.00% coupon rate. The current interest rate is 9.80% compounded annually. What

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09) (3.5 marks) Shomig pays $1075.50 for a 5 year bond with a 9.00% coupon rate. The current interest rate is 9.80% compounded annually. What is the face value of the bond? A: $1300.00 B: $1100.00 C: $1200.00 D: $1400.00 E: $1000.00 010) (3.5 marks) Vlad owns a bond with a coupon rate of 5.00% and a face value of $10000. If the current interest rate is 3.00% compounded annually and the price of the bond is $11103.60, how many years until the bond matures? A: 6.0 B: 5.5 C: 5.0 D: 4.5 E: 4.0

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