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A bank boys bonds with a par value of 525 million for 524,040,000. The coupon rate is 10 percent, and the boods make annual payments.

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A bank boys bonds with a par value of 525 million for 524,040,000. The coupon rate is 10 percent, and the boods make annual payments. The bonds mature in four years. The bank wants to sell them in three years and estimates the required rule of return in three years will be percent. What will the market value of the bonds be in three years? A 525,462.962.96 b.525,891,632 524,113,418 d. 524.07.230

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