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Question 3 2 pts The Smith Company's bonds have a $1,000 face value, pay an 11% coupon, and mature in 27 years. What is the

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Question 3 2 pts The Smith Company's bonds have a $1,000 face value, pay an 11% coupon, and mature in 27 years. What is the value of one Smith Company bond to an investor who requires a 996 rate of return? $1.200.53 $1.102.92 $1.000.00 $ 829.04. Question 4 With everything else held constant, if the market interest rate for a bond rises: The coupon rate of the bond rises. The price of the bond falls. The coupon rate of the bond falls. The price of the bond rises

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