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Question 1 (1 point) What is the market value of a 20year $1,000 par bond with an annual paying 5% coupon in a 5% interest
Question 1 (1 point) What is the market value of a 20year $1,000 par bond with an annual paying 5% coupon in a 5% interest rate environment? $788 $1,000 $1,298 $1,135 Question 2 (1 point) What is the market value of a 20year $1,000 par bond with an annual paying 5% coupon in a 3% interest rate environment? $788 $1,000 $1,298 $1,135 Question 3 (1 point) What is the market value of a 20year $1,000 par bond with an annual paying 5% coupon in a 7% interest rate environment? $788 $1,000 $1,298 $1,135
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