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Bond A has a coupon rate of 10.18 percent, a yield-to-maturity of 14.22 percent, and a face value of $1,000.00; matures in 8 years; and
Bond A has a coupon rate of 10.18 percent, a yield-to-maturity of 14.22 percent, and a face value of $1,000.00; matures in 8 years; and pays coupons annually with the next coupon expected in 1 year. What is (X + Y
+ Z) if X is the present value of any coupon payments expected to be made in 3 years trom today, Y is the present value of any coupon payments expected to be made in 6 years from today, and Z is the present
value of any coupon payments expected to be made in 9 years from today?
O An amount equal to or greater than $147.11 but less than $176.43
O An amount equal to or greater than $176.43 but less than $230.69
O An amount less than $85.62 or a rate greater than $230.69
O An amount equal to or greater than $129.54 but less than $147.11
O An amount equal to or greater than $85.62 but less than $129.54
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