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What is the present value of the following cash flow stream at a rate of 9.00%? Years: 0 3 4 1 2 $75 $225 CFs:

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What is the present value of the following cash flow stream at a rate of 9.00%? Years: 0 3 4 1 2 $75 $225 CFs: $0 $0 $300 Select one: C a. $441.36 b. $402.03 c. S436.99 d. $511.28 e. $470.71 A 12-year bond has an annual coupon of 9%. The coupon rate will remain fixed until the bond matures. The bond has a yield to maturity of 7%. Which of the following statements is CORRECT? Select one: a. If market interest rates decline, the price of the bond will also decline. b. The bond should currently be selling at its par value. c. If market interest rates remain unchanged, the bond's price one year from now will be lower than it is today. d. The bond is currently selling at a price below its par value e. If market interest rates remain unchanged, the bond's price one year from now will be higher than it is today

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