Question 8 (1 point) Guggenheim offers a bond with annual payments and a coupon rate of 5 percent. The yield to maturity is 7 percent and the maturity date is 9 years away. What is the market price of one $1,000 face value bond? $880.86 $870.01 $869.70 $934.59 Question 9 (1 point) Consider a bond with a coupon rate of 8 percent that pays semiannual coupon and matures in eight years. The market rate of return on bonds of this risk is currently 10 percent. What is the current value of a $1,000 face value bond? $830.58 $891.62 $843.07 $854.08 Question 10 (1 point) A bond is listed in a newspaper at a bid of 105.4844. This quote should be interpreted to mean: you can sell that bond at a price equal to 105.4844 percent of face value. the bond will pay semiannual interest payments of $105.4844 per $1,000 of face value. you can buy that bond at a price equal to $105.4844 the bond will pay annual interest payments of $105.4844 per $1,000 of face value. Question 11 (1 point) A bond with a coupon rate of 6 percent that pays coupon semiannually and is priced at par will have a market price of and coupon payments in the amount of each. $1,006; $60 $1,060; $30 $1,000; $30 $1,000; $60