a International Computing Machines (ICM) has outstanding bonds with a 10 percent coupon. The bonds have a par value of $1,000 and mature in 5 years. Current market interest rates are 11% for 5 year bonds of similar risk of ICM's. Based on this information, what would a prospective investor expect to pay for this bond today? O a. 963.04 O b. 1,000.00 O c. 1,079.85 O d. 1,252.63 O e. 1,398.75 Dull Computer is planning on issuing new bonds with a par value of $1,000, maturing in 10 years and have been rated at AA. The current market rate for AA bonds maturing in 10 years is 7%. Dull Computer has decided to issue these new bonds with an 7% coupon interest rate. At what price should investors being willing to pay for these new Dull Computer bonds? O a. 958.25 b. 989.58 O c. 1,000.00 O d. 1,252.63 O e. 1,398.75 Which of the following statements is most correct? a. The risk of the portfolio is the average of the betas of the stocks in the portfolio. O b. A stock with a beta of 1 has less risk than that of an average stock. O c. Coefficient of Variation uses beta as its risk measure. O d. Beta measures diversifiable (also known as "company specific") risk. e. None of the statements above is correct