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QUESTION 2 Sonar, Inc. has an issue of $1,000 face value bonds with a 12% annual coupon interest rate. The issue has 10 years remaining

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QUESTION 2 Sonar, Inc. has an issue of $1,000 face value bonds with a 12% annual coupon interest rate. The issue has 10 years remaining to the maturity date. Bonds of similar risk are currently selling to yield a 10% rate of return (marker rate). The current value of each bond (PO) is O $1,122,89 $687.00 $1,000 $1,212.89 4 point BE QUESTION 3 Refer to the above bond valuation problem. What is this bond's next year's price (P1)? $1,000 $1115.18 $893.44 $1.151.18 puine QUESTION 4 ter to the above bond problem. Is this bond a par bond, a discount bond, or a premium bond? Why? What is the reason this happening

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