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1) A 10-year corporate bond has a coupon rate of 10% with annual payments. If interest rates rise to 8% on similar bonds, then what

1) A 10-year corporate bond has a coupon rate of 10% with annual payments. If interest rates rise to 8% on similar bonds, then what is the value of the bond in the marketplace?

2) A 10-year corporate bond has a coupon rate of 10% with quarterly payments. If interest rates rise to 8% on similar bonds, then what is the value of the bond in the marketplace?

3) A 100-year corporate bond has a coupon rate of 10% with annual payments. If interest rates drop to 4% on similar bonds, then what is the value of the bond in the marketplace?

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