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Question 13 4 pts The face value of debt is: the principal value written on the face of debt contract always equal to the market

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Question 13 4 pts The face value of debt is: the principal value written on the face of debt contract always equal to the market value of debt O equals to the principal value minus interest payments to investors always greater than the maturity value of debt O added to interest payments to find the maturity value Question 14 4 pts An investor just purchased a 10-year $1,000 par value bond. The coupon rate on this bond is 8% annually, with interest paid every year. If the investor expects to earn 10% rate of return, how much the investor should pay for it? O $1,122.87 wa $1,003.42 O $875.38 O $950.75 $877.11 Question 15 4 pts Tony's Pizzeria plans to issue bonds with a par value of $1,000 and 10 years to maturity. These bonds will pay $90 interest every year. Current market conditions are such that the bonds will be sold to net $937.79. What is the yield to maturity (YTM) of this bond? 11% O 10% 9% 8% O 7% Question 16 4 pts Certificates that represent ownership in stocks of foreign companies and are held in trusts at banks located in countries where the stocks are traded are called O Certificates of ownership N Foreign stock funds American Depository receipts Euro stocks

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