29 If an investor is expected to receive 650.00 a year every year for the next six years. What is the present value of this annuity using a discount rate of 7.25% a.b.c.d3,074.483,064.203,059.253,062.22 30 A bond with a $10,000 par value has a 6.5% annual coupon rate. It will mature in 6 years, with annual coupon payments. Present annual yields on similar bonds are 7.25%. What should the current price be; a.b.c.d9,645.259,873.229,904.3610,020.22SeeChapter7.BondValuationOK.LooktothelastquestionwhichrequiredyoutosolveforPVANow...addaterminalvalue,orfacevalueof$10,000.Lookatquestiona30asacompoundquestion.Youhavejustsolvedforthevalueofa"straightbond" If you can solve this question with minimal effort, you will pass the course