Johnson Motor's bond has 1 year left to its maturity. Interest is paid annually; the bond has a face value of $1,000, and a coupon rate of 8%. The required rate of return is 10%. What is the bond's duration of the bond? 2 O 1 1.92 2.55 IBM uses $100 million internal funds to buy back its own stocks from the market. This transaction is an example backward transaction foreign exchange transaction secondary market transaction primary market transaction money market transaction A Xerox bond has 5 years remaining to maturity. Interest is paid annually; the bond has a face value of $1,000 and a coupon rate of 8%. The required rate of return is also 8%. What is the fair value of the bond? 4468 1000 1080 4850 If you buy a zero-coupon bond with 5 years of maturity left for $800, keep it for 4 years and sell it for $900. What percentage would be your return per year? 2.99% 2.81% 12.5% 11.25% What is the present value of a security that pays $1,000 at the end of each 6 months for 10 years? Assume the interest rate is 10%. 8514 6145 12,462 20,000