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Question 17 (0.21428572 points) Cary's Carry-all Company bonds have a 12% coupon rate. Interest is paid semi- annually. The bonds have a par value of
Question 17 (0.21428572 points) Cary's Carry-all Company bonds have a 12% coupon rate. Interest is paid semi- annually. The bonds have a par value of $1,000 and will mature 8 years from now. Compute the value of these bonds if investors' required rate of return is 8%. (Round your answer to the nearest dollar) OA) $1,114 B) $1,233 C) $894 OD) $941 Question 18 (0.21428572 points) The yield to maturity on a bond is the rate of return that equates the present value of the bond's future cash flows with the bond's OA) face value B) market value C) liquidation value D) book value
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