A bond pays 7% annual interest in semi-annual payments for 10 years. The current yield on similar bonds is 9%. To determine the market value of this bond, you must

Question 1 options:

a)	find the interest factors (IFs) for 20 periods at 4.5%.

b)	find the interest factors (IFs) for 20 periods at 3.5%.

c)	find the interest factors (IFs) for 10 periods at 9%.

d)	find the interest factors (IFs) for 10 periods at 7%.