An inheritance offers the amount of $100 in one year but then grows that amount by a constant rate of 5% forever Which of the following comes closest to the present value of the inheritance if the bonds required rate of return is 10%? a. $2,000 b. $1, 429 c. $3, 333 d. $1, 667 e. $2, 500 You are trying to price two bonds that have the same maturity and par value but different coupon rates. Both bonds mature in 8 years and at maturity both bonds return the par value of $1,000. One bond has a coupon rate of 3% and a yield to maturity of 3%. The other bond has a coupon rate of 5% and a yield to maturity of 5%. What is the absolute value of the difference between the prices of these two bonds? a. $67.33 b. $0 c. $119.43 d. $140, 390 e. $62.10