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Suppose Kate wants to earn a return of 16.00 percent and is offered the opportunity to purchase a $1,000 par value bond that pays a

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Suppose Kate wants to earn a return of 16.00 percent and is offered the opportunity to purchase a $1,000 par value bond that pays a 14.00 percent coupon rate (distributed semiannually) and has three years remaining to maturity. Use the following table to fid in values for the bond's coupon payment and present value, and Kate's semiannwal required rate of retum for this investment. Now, suppose Kate wants to eam a retum of 14.00 percent, but the bond being considered for purchase offers a coupen rate of 14.00 percent. It is a $1,000 par value bond that pays a 14.00 percent coupon rate (distributed semiannually) and has three years remaining to maturity. The bond's present value is which is its par value, which means that the bond is Given your calculations and conclusions, which of the following statements are true? check all that apply. When the coupon rate is equal to Kate's required retum, the bond should trade at par: When the coupon rate is greater than Kate's required rate of retum, the bond should trade at a discount. When the coupon rate is less than Kate's required rate of return, the bend should trade at a discount. When the coupon rate is less than Kote's required rate of return, the bond should trade at a premium

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