in the event the firm defaults. You purchased a $1,000 par value bond with 10 years to maturity, coupon rate =10%, and a required return of 10%. Eight years later you had to unexpectedly sell the bond, and interest rates fell, so the current market rate on the bond (required returm) was only 8%. What price can you sell your bond for? DRAW A TIMELINE TO HELP!! a. $1,000.00 b. $1,114.93 c. $1035.67 d. $965.29 e. $893.30