Question: To The Law ht Take Test: Ch 6 Question Completion Status: QUESTION 1 Tech Systems has outstanding bonds that carry $1,000 par value and an

To The Law ht Take Test: Ch 6 Question Completion Status: QUESTION 1 Tech Systems has outstanding bonds that carry $1,000 par value and an annual coupon of 12%. If these bonds have 16 years left to maturity, how much would each bond sell for today, given the additional conditions described below? The bond pays the coupon interest annually and A. $1,000 bonds of similar risk currently pay 10% APR. F- # The bond pays the coupon interest semi-annually C and bonds of similar risk currently pay 10% APR. C.$1,156.47 The bond pays the coupon interest annually and bonds of similar risk currently pay 12% APR. The bond pays the coupon interest semi-annually and bonds of similar risk currently pay 12% APR QUESTION 2

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