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will give a thumbs up to the best answer with solution What would be the market value of a bond today if the par value
will give a thumbs up to the best answer with solution What would be the market value of a bond today if the par value is $1,000, the annual coupon is 5% and the current market rate of interest is 4% and the bond matures in 2025 and the credit of the company is unchanged from when the bonds were originally issued which is considered good. Select one: O a. It would be less than $1,000 ob. It would be unchanged as the book value is still $1,000 c. It greater than $1,000
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