$11$

Multiple Choice

$4$ points

You work as a risk manager for Fuip Mountain Bank $($FMBi which has asvets of $$10$ million irwested in a $3-$year, B$\%$ semi$-$annual coupon T$-$note with an interent rate of $6\%.$ What is the value of FMB$\text{'}$s assets?

$$9\mathrm{.}76$ milion

$$11\mathrm{.}38$ million

$$10\mathrm{.}54$ million

$$12\mathrm{.}02$ million