28. How much should you pay for a $1,000 par value bond with a 7% annual coupon and six years to maturity if the prevailing interest rate is 10% a. $869.34 b. $956.45 c. $1,000 d. $1,044.86 29. If two potential investments are mutually exclusive: a. They are only offered to wealthy investors at exclusive boutiques b. You should do both deals because they are profitable with positive NPV's C. By definition an investor could only invest in one of them d. You would need to invest in both investments by definition. 1 30. If you invest in a $1,000 bond and pay a price of $832, and the coupon rate on the bond is 4%, what is your "Current Yield" on your investmenta: a. It is 4.81% b. 5.67% C. 3.21% d. 4.29%