9. LSP Co. bonds have a 15-year maturity, an 8.4% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 6.40%, based on semiannual compounding. What is the bond's price?* a. $1,047.19 O b. $1,074.05 O c. $1,191.03 d. $1,129.12 O e. None of the above 4. You estimate that you will need about $80,000 to send your child to college in eight years. You have about $35,000 now. At what rate will you just reach your goal? a. 11.28% b. 10.88% O c. 9.85% d. 12.14% O e. None of the above 3. LSP Industries bond has a 10 percent coupon rate and a $1,000 face value. Interest is paid semiannually, and the bond has 20 years to maturity. If investors require a 12 percent yield, what is the bond's value? * a. $849.45 O b. $879.60 c. $985.18 d. $963.15 O e. None of the above