Question: QUESTION 3 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left
QUESTION 3 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850. Find the value of the bond. O A $1,000 O B. $935 OC. $990 D. $880 O E. None of the above
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