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Ruestion 10 (1 point) A bond from Northern Company has 10 years to maturity, 7% annual coupon, $1,000 par value. Since then the market interest

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Ruestion 10 (1 point) A bond from Northern Company has 10 years to maturity, 7% annual coupon, $1,000 par value. Since then the market interest rate has increased to 4%. What is the PV of the bond? $1,415.19 $1,243.33 None of the answers is correct $1,000.00 $ 789.29 E

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