Question: How much would you be willing to pay for a $ 1 , 0 0 0 par value, 2 0 - year bond with an

How much would you be willing to pay for a $1,000 par value, 20-year bond with an 8.00% coupon that's paid semi-annually, if your required rate of return is 10%?
Question 20Select one:
a.
$828
b.
$1,000
c.
$1,515
d.
$902
e.
$830

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