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A 10-year bond pays 5% (Paid Annually) on a face value of $1,000. If similar bonds are currently yielding 10%, what is the market value

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"A 10-year bond pays 5% (Paid Annually) on a face value of $1,000. If similar bonds are currently yielding 10%, what is the market value of the bond?" O $693.25 O $386.00 O "$3,390.85" O "$1,386.09 Question Completion Status: > A Moving to the next question prevents changes to this answer. Question 12 The difference between the price and the par value of a zero-coupon bond represents O taxes payable by the bond buyer O the accumulated principal over the life of the bond O the bond premium O the accumulated interest over the life of the bond > A Moving to the next question prevents changes to this answer. Type here to search o i b m H 2 Question 12 The difference between the price and the par value of a zero-coupon bond represents taxes payable by the bond buyer O the accumulated principal over the life of the bond O the bond premium O the accumulated interest over the life of the bond

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