bond c has a $1000 face value and provides an 8% semiannual coupon for 15 years. the appropriate discount rate is 10% (annual rate). what is the value of the coupon bond?

a. $849.50

b. $948.42

c. $845.92

d. $895.35

2.

which of the following statements about financial markets is true?

1. financial markets are organised forums in which suppliers and demanders of various types of funds can make transactions.

2. money markets are markets for short-term funds such as treasury bills.

3. cAPITAL MARKETS ARE FOR INVESTORS WHO WANT A SAFE PLACE TO DEPOSIT FUNDS WHERE THEY CAN EARN INTEREST

a. both 1 and 2

b. both 2 and 3

c. 3 only

d. 1 only