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8. LSP Company's bonds mature in 10 years, have a par value of $1,000, and make an annual coupon interest payment of $75. The market

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8. LSP Company's bonds mature in 10 years, have a par value of $1,000, and make an annual coupon interest payment of $75. The market requires an interest rate of 8% on these bonds. What is the bond's price? * a. $966.45 b. $925.62 c. $948,76 d. $972.48 O e. None of the above 10. You plan to invest in bonds that pay 4.0%, compounded annually. If you invest $20,000 today, how many years will it take for your investment to grow to $30,000? * a. 10.34 O b. 7.74 C. 8.27 d. 9.97 O e. None of the above 17. Saad Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $100 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to call (YTC)? * a. 6.63% b. 6.98% c. 7.35% d. 7.37% e. None of the above

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