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1. Bond prices and interest rates are related a. Inversely b. Positively c. Linearly d. Exponentially 2. Haswell Enterprises' bonds have a 16-year maturity, a

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1. Bond prices and interest rates are related a. Inversely b. Positively c. Linearly d. Exponentially 2. Haswell Enterprises' bonds have a 16-year maturity, a 9.4% coupon, and a par value of $1,000. The going interest rate (rd) is 8.6%. Assuming semiannual compounding, what is the bond's price? a. $1,376.63 b. $1,208.38 c. $1,143.19 d. $1,068.84 eger, Inc. bonds have a 7.67% coupon rate with semi-annual coupon payments. Th have 11 years to maturity and a par value of $1,000. What is the current yield of the bo if the bond is selling at a market price of $1,198.24? a. 7.9%. b. 7.2%. c. 6.4%. d. 5.5%. 1 of 5 A HAPPY PLACE

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