17. A particular bond has a face (or par or principal) amount of $100,000. The bond was issued on January 1, 2010 and matures on December 31, 2013. The bond pays interest semi-annually. The bond pays interest at a face (or coupon rate) of 8%. What is the amount of the semi-annual interest payment?

		A. The semi-annual interest payment cannot be determined because it varies with market rates of interest.
		B. $4,000
		C. $8,000
		D. $32,000

18. Which of the following statements correctly describes the theoretical basis for the market value (market price) of one share of common stock?

		A. The market value of one share equals the sum of expected future dividends
		B. The market value of one share equals the discounted present value of expected future dividends
	C.	The market value of one share equals its maturity value