shawnyboy4955 shawnyboy4955
  • 28-02-2024
  • Business
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Suppose you hold a 10-year bond with an annual coupon of $70, and the time to maturity is 3 years. If interest rates are currently 11%, how much could the bond be sold for?
A. $1,027.97
B. $981.81
C. $1,129.25
D. $1,050.63

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