Posted by **Michelle** on Wednesday, October 30, 2013 at 8:35pm.

A 10-year bond has a coupon rate of 7% anually and a principal payment of $1,000.00. Other similar bonds are paying 9% annually. To determine the value of this bond you must find the interest factors, IF. at:

A. 9% for 10 periods

B. 9% for 20 periods

C. 4.5% for 20 periods

d. 4.5% for 10 periods

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