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Question 2 (1 point) Randolph Inc recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual
Question 2 (1 point) Randolph Inc recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 7.7%. If the current market rate is 5.7%, at what is the current value of this bonds? $1,198.11 $1,149.32 $825.63 S863.96 Question 3 (1 point) What is the price of Thera Corpn's zero coupon bond with 10 years to maturity? The bond was originally sold with a yield to maturity equal to 11 percent, but the market rate today is 10 percent. $620.92 $352.18 S584.68 $613.91 $385.54
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