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A Disney Corporation 10 year Bond is issued with a $1,000 par value and pays a 10% coupon. After two years the prevailing market rate
A Disney Corporation 10 year Bond is issued with a $1,000 par value and pays a 10% coupon. After two years the prevailing market rate for this bond is 8% annually. What is the value of the bond? $1,116.52 $1,080.00 $889.43 $1,000.00 Risk premiums are higher for companies with higher perceived risk. True False
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