Question: Eastern Digital has issued a bond with a par value of $2,000 each and a 5% per year coupon. The bonds mature in 5 years

Eastern Digital has issued a bond with a par value of $2,000 each and a 5% per year coupon. The bonds mature in 5 years and pay interest annually. What is the current value of the bond if the market interest rate is 7%? C) $2,000.00 C) $1,242.67 (:3. $1,335.99 1:) $3,529.45 0 None of the above Question 10 (5 points) '13 Listen 3 A $2,000 face value bond has a 6.0% coupon and pays interest annually. The bond matures in 2 years and the annual market interest is 7%. What is the Macaulay duration? (3: 1.?4289 years (:3: 1.83734 years IO 1.24368 years (:3: 2.17843 yea rs 'ij None of the above

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