Question: IBM sells a 5 year, $10, O bond that pays annual interest. The amount that investors would be willing to pay for the bond

IBM sells a 5 year, $10, O bond that pays annual interest.

IBM sells a 5 year, $10, O bond that pays annual interest. The amount that investors would be willing to pay for the bond it the market interest rate is 10% is the present value of: $16, $16, X$15, $14, None of plus the present value of the interest payments where i 10%. plus the present value of the interest payments where i 8%. where i 10%. where i 8%. the above

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