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What's the value to you of a $1,000 face-value bond with an 8% coupon rate when your required rate of return is 15 percent? O

What's the value to you of a $1,000 face-value bond with an 8% coupon rate when your required rate of return is 15 percent? O 1. More than its face value. O 2. True. O 3. $1,000. O 4. Less than its face value

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