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Question 7 (1.5 points) Solvay Corporation's bonds have a 15-year maturity, a 12% semiannual coupon, and a par value of $1.000. The current market rate

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Question 7 (1.5 points) Solvay Corporation's bonds have a 15-year maturity, a 12% semiannual coupon, and a par value of $1.000. The current market rate is 9%, based on semiannual compounding. What is the bond's price? $1,244.33 $1,271.81 $1273 86 $1,276.02 $1,241,82 Question 8 (1.5 points) Five years ago, Grey Ltd issued $1,000 denominations with an original maturity of 13 years and a coupon rate of 10% Determine the value today of one of these bonds to an investor who requires a 12% rate of return on these securities $871.53 S863.78 $900.65 O $1,106.70 Question 9 (1.75 points) What is the yield to maturity of a Titanium bond that has a 9 percent coupon, pays interest semiannually, has 12 years to maturity, and sells for $871.50? 6.02% O 3.01% 2.74% 5.47% 12.05% 10.95%

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