XYZ Inc.'s bonds have a par value of $1,000, mature in 7 years, and make an annual coupon payment of $60. The market interest rate for the bonds is 7.5%. What is the bond's price? Group of answer choices 1,000 1,026 974 1,079 921

A bond with 15 years to maturity has $1,000 par value bond and a 7.5% annual coupon. The bond currently sells for $975. If the yield to maturity remains at its current rate, what will the price be 10 years from now? Group of answer choices 913 965 940 1,000 988

Required rate of return on a bond is also called its: Group of answer choices Par Value Coupon rate Principal Yield to maturity Face value