Question
Please use the same information (as follows) to answer this question. Face Value of the bond: $10,000 Interest Rate: 10% (per year) Maturity: 4 years
Please use the same information (as follows) to answer this question.
Face Value of the bond: $10,000
Interest Rate: 10% (per year)
Maturity: 4 years from today
Current Price Index: 120
1. If you decided to buy this bond at the current market price, what is the amount of annual interest you will receive? Please do not put "$" or "," in your answer. If your answer is $12,345.67, put 12346 for your answer.
2. If you decided to buy this bond at the current market price, what is the rate (%) of return on your investment (ROI)? If necessary, round your answer to the first decimal point
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