A bond has a face value of $10,000. The bond has a coupon rate of 8.0% and pays interest annually. The bond matures in 10 years. The yield on the bond is 7.0%. What is the current price of the bond? $10,710,62 $10,000.00 $10,700,00 $10,70236 Question 4 1 pts A bond has a face value of $10,000. The bond matures in 15 years. The coupon rate on the bond is 7.00%. The Yield is 6.00%. Which of the following is true about the current price of the bond? There is no way to calculate the price of the bond The price will be the same as face value The price will be lower than face value The price will be higher than face value