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This is all the information provided. Sprsml 10 Kokelia AG plans to issue 500 million of bonds with a face value of 100.000, coupon rate

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Sprsml 10 Kokelia AG plans to issue 500 million of bonds with a face value of 100.000, coupon rate of 3.5 per cent and 10 years to maturity. The coupon is paid annually. The current market interest rate on these bonds is 6 per cent. In one year, the interest rate on the bonds will be either 8 per cent or 5 per cent with equal probability. Assume investors are risk-neutral. If the bond is not callable, what is the price of the bonds one year from now A 71,889 80,614 85,450 89,338. I choose not to

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