You are considering a 10-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semi-annually. If you require an "effective" annual interest rate (not a nominal rate) of 8.25%, how much should you be willing to pay for the bond?

Group of answer choices

$1,098.60

$975.85

$835.87

$1188.45

$1,061.84

Stocks X and Y have the following probability distributions of expected future returns:

Probability	X	Y
0.1	(10%)	(35%)
0.2	2	0
0.4	12	20
0.2	20	25
0.1	48	55

What are the coefficient of variations of both X and Y?

Group of answer choices

1.11 and 1.35

1.02 and 1.47

1.11 and 1.15

1.11 and 1.47

1.02 and 1.15