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Use the information to answer the following questions. Consider a $1,000 per value bond with a 10% annual coupon. There are 9 years remaining until

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Use the information to answer the following questions. Consider a $1,000 per value bond with a 10% annual coupon. There are 9 years remaining until maturity. Assume that the required return on the bond is 7% and the market is in equilibrium. What is the price of the bonds? Select one a. $1000.00 b. $ 769.64 c. $1272.07 O d. $1195.46 e. $ 82723 Question 12 Not yet werd Points out of 5 P Flag Gestion Continued from previous question. Based on the information, you would expect the bond price to in one year Select one O a. Increase by 1.37% b. Decrease by 1.54% c. Decrease by 1.37% d. Increase by 1.46% e. Increase by 1.48% Question 13 Not yet answered Points out of 5 Pagestion Continued from previous question. Which of the following statements is most INCORRECT? Select one a. All else equal, an increase in the required rate of return will result in a decrease in bond price O b. All else equal, you expect a capital loss on this bond investment at maturity. O c. This is a premium bond because its required rate of retum is smaller than the coupon rate. O d. All else equal, the current yield on a premium bond will be larger than its coupon e. If the bond is callable, the YTC is a better estimate of this bond's expected return

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