Uon.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fne. Help Save & Exit Subm TB 07-51 The bonds of Microhard, Inc. carry a 10% ann... The bonds of Microhard, Inc. carry a 10% annual coupon, have a $1,000 face value, and mature in four years. Bonds of equivalent ink yield 7%. What is the market value of Microhard's bonds? Multiple Choice $1,101.62 $1,087.25 $1,160.25 Five years ago, Jackson Corporation issued twenty-five year 10% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have risen, and the yield to maturity on the Thompson Tarps bonds is now 12%. Given this information, what is the price of the bonds today? Multiple Choice 5880 $1218 5851