9. A 100 par value 100-year bond with a redemption value of 100 has annual coupons of 10% for the first 10 years, 9% for the next 10 years, 8% for the next 10 years,..., 1% for the last 10 years. Find the price of the bond to yield an annual rate of i. Choose one of the options below. 1050101 $10 +100v 100 (b) 1050-10+100 100 1-5101 (c) 10510-v10a 10 +100v100 (d) S10 105101-100 $10 +100v100 (e) 10101001+100 100 1-510 Answer: