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percent. @s in S years percent coupon bonds of the Peterson Co are selling for 98 percent of par value. The bonds pay interest quarterly.

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percent. @s in S years percent coupon bonds of the Peterson Co are selling for 98 percent of par value. The bonds pay interest quarterly. These bonds have a yield to maturity ot A. 8.1633 B. 8.1825 C. 8.3321 D. 8.3911 E. 8.5011 16. The right of the bond issuer to as the: A. liquidity provision. B. taxability provision. C. call provision. D. conversion feature. E. debenture. the repurchase the bond at a predetermined price prior to maturity is referred to 17. A 7 percent bond has a yield to maturity of 7.25 percent, 12 years to maturity, a face pays interest annually. What is the amount of each coupon payment? A. $65.00 B. $68.23 C. $70.00 D. $72.50 E. $77.00 value of $1,000, 18. The process of finding the present value of some future amount is often called: A. compounding. B. reducing. C. valuing. D. discounting. E. complexing. 19. The process of accumulating interest in an investment over time to earn more interest is called A. discounting. B. compounding. C. complexing. D. multiplying. E. indexing

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