Question: (10 points) A 25-year accumulation bond with an initial par value of $1000 earns interest of 6.4% compounded quarterly. Find the price to yield an

(10 points) A 25-year accumulation bond with an initial par value

(10 points) A 25-year accumulation bond with an initial par value of $1000 earns interest of 6.4% compounded quarterly. Find the price to yield an investor 9% effective. A. \$648.19 B. $226.87 C. $850.75 D. $141.79 E. $567.16

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