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Suppose Peter Paid $940 for a Bond and He Expects

Question 95

Multiple Choice

Suppose Peter paid $940 for a bond and he expects the value of the bond to increase by $15.If Peter requires a 10% rate of return,what is the value of the bond's coupon interest?


A) +$57.
B) +$63.
C) +$79.
D) +$85.
E) +$94

Correct Answer:

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