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Antonio's Offers a 10-Year Bond That Has a Coupon Rate

Question 44

Multiple Choice

Antonio's offers a 10-year bond that has a coupon rate of 5 percent and semiannual payments.The face value is $1,000 and the yield to maturity is 12.6 percent.What is the current value of this bond?


A) $273.09
B) $580.92
C) $574.56
D) $605.92
E) $854.46 Antonio's offers a 10-year bond that has a coupon rate of 5 percent and semiannual payments.The face value is $1,000 and the yield to maturity is 12.6 percent.What is the current value of this bond? A) $273.09 B) $580.92 C) $574.56 D) $605.92 E) $854.46

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