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9. Bond A has a coupon rate of 10.77 percent, a yield-to-maturity of 13.70 percent, and a face value of $1,000.00; matures in 8 years;
9. Bond A has a coupon rate of 10.77 percent, a yield-to-maturity of 13.70 percent, and a face value of $1,000.00; matures in 8 years; and pays coupons annually with the next coupon expected in 1 year. What is (X + Y + Z) if X is the present value of any coupon payments expected to be made in 3 years from today, Y is the present value of any coupon payments expected to be made in 6 years from today, and Z is the present value of any coupon payments expected to be made in 9 years from today?
O An amount equal to or greater than $140.08 but less than $159.36
O An amount less than $92.34 or a rate greater than $242.21
O An amount equal to or greater than $188.52 but less than $242.21
O An amount equal to or greater than $92.34 but less than $140.08
O An amount equal to or greater than $159.36 but less than $188.52
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