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Please i need an answer for the question below that says if you held... Sign in Downl B) Callable C) Convertible D) retractable Answer: B

Please i need an answer for the question below that says "if you held..."

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Sign in Downl B) Callable C) Convertible D) retractable Answer: B ) If you held a bond with face value of $10 000 maturity in 12 years, semi-annual coupon of 6 percent, and the coupons on par value bonds with the same maturity today are 3 percent, how much would your bond be worth now on the secondary market? A) $10 000 B) $13 005 C) $19 781 D) $14 908 Answer: B Bonds with a high degree of default risk are most susceptible to default when economic conditions are A) strong. B) weak. C) stable. D) expanding. Answer: B

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