Question: Answer 2 Questions Below A long-term term bond with a small coupon rate has reinvestment risk: O Low O Medium O High O No risk

A long-term term bond with a small coupon rate has reinvestment risk: O Low O Medium O High O No risk What is the present value of a $1000 bond that matures in 15 years with a 8% annual coupon rate. The current interest rate is 796 O $1,091 O $1.212 $1/345 $900 O $567
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