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ABC Ltd issued debentures, which have a coupon rate of 8 % and mature in 1 0 years' time from today at nominal value. The

ABC Ltd issued debentures, which have a coupon rate of 8% and mature in 10 years' time from today at nominal value. The face value of each debenture is R100. Assuming semi-annual coupons, what is the value of each debenture? Debentures with similar risk profiles are offering yields of 10% per year. Round amounts to two decimals.
A. None of the above
B.82.97
C.84.12
D.85.36
E.82.67

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