. A mortgage backed bond was just issued with a coupon rate of 6.5%, maturing in 10 years with a face value (par value) of $10,000. Coupon payments are made annually for this bond. After one year, what would the market price of the bond be if market rates had dropped to 5.5%? How much interest annually would an owner of this bond receive after rates dropped to 5.5%? a. $10,754, $650 b. $9,334, $550 c. $10,695, $650 d. $9,334, $650 . Funds From Operations (FFO) for REITs are usually lower in dollar terms than taxable income because FFO reflect taxable income less investments made in additional properties for the given time period. a. True b. False