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21. Heble Company, Inc. has outstanding a $1,000 par value bond, with 10 years remaining to maturity. The coupon rate is 7%. The bond is

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21. Heble Company, Inc. has outstanding a $1,000 par value bond, with 10 years remaining to maturity. The coupon rate is 7%. The bond is currently selling in the market for $1,243.36. What is the bond's yield to maturity (YTM)? A. 4.00% B. 5.00% C. 6.00% D. 8.00% Reset Selection Question 22 of 22 22. Your aunt promises to give you $200,000 in 20 years. What is the present value of this promise, if your discount rate is 8%? A. $31,857 B. $35,143 OC. $42.900 D. $53,616

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