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Ely Lilly issued a 10-year bond 1 year ago with an interest rate coupon of 5.0% that is paid annually. At maturity in 9 years,

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Ely Lilly issued a 10-year bond 1 year ago with an interest rate coupon of 5.0% that is paid annually. At maturity in 9 years, a single bond will pay out $1,000. If investors currently require a return of 4.0% on bonds with Ely Lilly's risk profile, what is the price an investor should expect to pay on the bond? (round to nearest $ amount) (Hint: Buyer should pay a premium based on PV of the two cash flow streams.) O A $1,074 O B. $1,081 C. $1,116 OD. $1,000

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