If the required return is 4.00% per year, what is the price of a 8.00...
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If the required return is 4.00% per year, what is the price of a 8.00 % annual coupon bond, with a $1,000 face value and 4 years to maturity? A. About $857 B. About $1320 C. $1,000 D. None of these answers is correct. E. About $1,145 What will happen to the values of existing bonds if discount rates increase? A. Bond values could either decrease of increase B. Bond values will not change OC. Bond values will decrease D. Bond values will increase
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