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A 10-year bond pays annual interest of 8% on a face value of $1,000 (Coupon rate of 8%). Assume one coupon payment per year. If

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A 10-year bond pays annual interest of 8% on a face value of $1,000 (Coupon rate of 8%). Assume one coupon payment per year. If similar bonds are currently yielding 9.413%, what is the market value of the bond? Select one: O A. $877.11 O B. $910.94 OC. $1,100.78 O D. None of these are correct You own a $1,000 par value bond with 20 years to maturity that is paying an annual coupon rate of interest of 11%. If the current yield to maturity on this bond is 12%, what is the value of the bond? The bond makes semi-annual interest payments. Select one: O A $925.31 B. $892.58 a $924.77 OD. $980.15

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