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Other things remaining the same, higher is the required return a. lower is the value of a bond b. higher is the value of a

Other things remaining the same, higher is the required return

a.
lower is the value of a bond

b.
higher is the value of a stock

c.
lower is the value of a stock

d.
both a and c
M=1000, n=20, coupon rate = .08, discount rate = .06. The value of the bond is approximately

a.
1229.4

b.
917.6

c.
1129.4

d.
none of the above

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