A major retailer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 8 years remaining until maturity. The bonds were issued with a 6.5 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 4.25 percent. Refer to Exhibit 11.1. What is the current value of these securities? O $1149.94 O $433.15 $1151.92 $860.50 $863.35 A major retailer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 8 years remaining until maturity. The bonds were issued with a 6.5 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 4.25 percent. Refer to Exhibit 11.1. What will be the value of these securities in one year if the required return is 7 percent? $970.14 O $388.13 O $1031.15 O $1035.81 O $972.52 A major manufacturer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 7 years remaining till maturity. The bonds were issued with an 8 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 10 percent. Refer to Exhibit 11.2. What is the current value of these securities? O $900.18 O $1151.92 O $972.52 $1113.63 $904.00 A major manufacturer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 7 years remaining till maturity. The bonds were issued with an 8 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 10 percent. Refer to Exhibit 11.2. What will be the value of these securities in one year if the required return is 6 percent? O $1151.92 $972.52 $1100.15 O $900.18 $936.72 A major retailer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 8 years remaining until maturity. The bonds were issued with a 6.5 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 4.25 percent. Refer to Exhibit 11.1. What is the current value of these securities? O $1149.94 O $433.15 $1151.92 $860.50 $863.35 A major retailer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 8 years remaining until maturity. The bonds were issued with a 6.5 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 4.25 percent. Refer to Exhibit 11.1. What will be the value of these securities in one year if the required return is 7 percent? $970.14 O $388.13 O $1031.15 O $1035.81 O $972.52 A major manufacturer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 7 years remaining till maturity. The bonds were issued with an 8 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 10 percent. Refer to Exhibit 11.2. What is the current value of these securities? O $900.18 O $1151.92 O $972.52 $1113.63 $904.00 A major manufacturer is reevaluating its bonds since it is planning to issue a new bond in the current market. The firm's outstanding bond issue has 7 years remaining till maturity. The bonds were issued with an 8 percent coupon rate (paid quarterly) and a par value of $1,000. The required rate of return is 10 percent. Refer to Exhibit 11.2. What will be the value of these securities in one year if the required return is 6 percent? O $1151.92 $972.52 $1100.15 O $900.18 $936.72