Question: q , 1 . You have a required return of 1 1 . 5 % and the opportunity to purchase a 1 0 - year

q,1. You have a required return of 11.5% and the opportunity to purchase a 10-year bond with a $1000 par. The bond's coupon is 12%; you would
Buy at any price with a 12% coupon
b. purchase for less than $1000
be willing to pay more than $1000
d. Only buy for exactly $1000
q , 1 . You have a required return of 1 1 . 5 %

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