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Face value: $1,000 Annual Coupon: $100 Time left to maturity: 10 years 1. The current value of this bond when the market interest rate is

Face value: $1,000 Annual Coupon: $100 Time left to maturity: 10 years 1. The current value of this bond when the market interest rate is 12 percent: a. $886.99 b) $1,200.00 oldwebtod c. $1,000.00 d. $1,122.89

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