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help please! What is the present value of a 10-year bond outstanding with 4 years left in year-to-maturity, 8% annual required rate, and 7% annual
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What is the present value of a 10-year bond outstanding with 4 years left in "year-to-maturity," 8% annual required rate, and 7% annual payment rate? O $966.88 1033.44 844.11 O 1167.41 O $1000,00 P Question 14 14 pts What is the annual required rate (1/Y) of a 10-year bond that has 5% annual payment rate (PMT), and $859.53 in its market value (PV)? O 3% 0.4% 6% 7% None of the above Step by Step Solution
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