Question: Sovod Help Save & Exit Submit A bond has a face value of $1,000, a coupon of 4% paid annually, a maturity of 28 years,

Sovod Help Save & Exit Submit A bond has a face value of $1,000, a coupon of 4% paid annually, a maturity of 28 years, and a yield to maturity of 8% (1) What is the bond price today and (2) what rate of return will be earned by an investor who purchases the bond today and holds it for 1 year if the bond's yield to maturity at the end of the year is 5%? Multiple Choice 558015015 5853575298 55801 5208 17 of 35 H Next > o

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