Question: 1. A bond's par value can also be called its coupon payment. present value. market value. face value. 2.Horizon offers a 12 percent coupon bond

1. A bond's par value can also be called its

coupon payment.

present value.

market value.

face value.

2.Horizon offers a 12 percent coupon bond with semiannual payments and a yield to maturity of 10 percent. The bonds mature in 16 years. What is the market price per bond if the face value is $1,000?

$808

$911

$1,000

$1,158

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