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Pentrax Corp, issued 25 year bonds in 2002 with a coupon rate of 6% and a face value of $1,000. The bonds sold for face

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Pentrax Corp, issued 25 year bonds in 2002 with a coupon rate of 6% and a face value of $1,000. The bonds sold for face value when issued. Since 2002, interest rates have increased, so the going rate on similar bonds is now 9%. Which of the following statements is MOST utst: accurate? 6. B tod O A. Pentrax Corp. must now pay bondholders interest payments of $90 per year due to the increase in interest rates. B. An investor who purchased an Pentrax bond in 2002 and plans to keep the bond until it matures expects to earn 6% per year over the life of the bond. OC. The price of an Pentrax Corp, bond should be higher than $1,000 due to the increase par val nually OD. An investor who purchased an Pentrax bond in 2002 and plans to keep the bond until pon rati It matures expects an increase in return from 6% per year to 9% per year. in rates mg bonds Click to select your answer interest oducts pas 1:37 PM 7/10/2021 prt sc home insert delete F11 end F12 + 11 12 backspace 8 9 0 } 1 O 6

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