To to estimate the current value or selling price of a bond,? A) multiply the face value
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Question:
To to estimate the current value or selling price of a bond,?
A) multiply the face value by the market interest rate
B) divide the face value by the market interest rate
C) divide the annual interest income in dollars by the coupon rate
D) add the present value of the future interest to be received to the present value of the face amount of the bond
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