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Question 18 (1 point) The bonds of ABC Corporation carry a 10% annual coupon, have a $1,000 face value, and mature in four years. Bonds

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Question 18 (1 point) The bonds of ABC Corporation carry a 10% annual coupon, have a $1,000 face value, and mature in four years. Bonds of equivalent risk yield 7%. What is the market value of ABC bonds? $1,095.66 $1,011.20 $1,087.25 $1,101.62 $1,160.25

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