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Question 20 1 pts Suppose that 10 years ago, Apple had issued 30-year non-callable bonds. The bonds carried an annual coupon of 7% paid semi-annually

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Question 20 1 pts Suppose that 10 years ago, Apple had issued 30-year non-callable bonds. The bonds carried an annual coupon of 7% paid semi-annually and the face value was $1,000. If interest rates are 6% today, what is the current value of the bonds? O e) $719 O b) $792 O c) $1,039 O d) $1,116 O a) $824 O Lower, stay the same

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