a 30 year bond has a face value of $1,000 and a coupon rate of 10% per year with quarterly interest payments. Exactly when there are 5 years to maturity (and 20 interest payments left) the market rate for bonds with the same investment grade and maturity are sold at a market rate of 8% per year. how much is the price of one share of the subject bond under current market conditions

Question 7 A 30 year bond has a face value of $1,000 and a co are sold at a market rate of 8% per year. How muc O 876 O 1,124 O 1,082 0924 Question 8