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Apple has a bond maturing in 2045 with a 4.5% coupon paid semi-annually. The face value on the bond is $1,000. How much will you
Apple has a bond maturing in 2045 with a 4.5% coupon paid semi-annually. The face value on the bond is $1,000. How much will you receive each 6 months in coupons? Less than $20 Between $20 and $30 Between $30 and $40 Between $40 and $50 More than $50 QUESTION 5 Brazil has a bond maturing in exactly five years. The bond has a coupon rate of 8.31% paid semi-annually and a face value of $1,000. The bond is currently yielding 14% APR with semi-annual compounding. What price should this bond trade at today? Less than $750 Between $750 and $850 Between $850 and $950 Between $950 and $1,050 More than $1,050 QUESTION 6 Is the following statement true or false: As interest rates rise, bond prices decrease. True False
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