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A $1000 par value bond that was issued two years ago by the Golden Ibis Corporation has a 6% coupon. If the prevailing market rate

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A $1000 par value bond that was issued two years ago by the Golden Ibis Corporation has a 6% coupon. If the prevailing market rate for interest on comparable bonds is now TI'%, then the Golden Ibis bond pays its bondholders an annual interest income of A) $30, and the bond would sell for more than its par value. (In. B} $60, and the bond would sell for more than its par value. 1"\" Ci $60. and the bond would sell for less than its par value. l" D] $?0, and the bond would sell for less than its par value. (A

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