Question: for interest rate values, round to the nearest four decimal places. DO NOT use 1% For example, if i=3.4567%, write your answer as 0.0346 DI

 for interest rate values, round to the nearest four decimal places.

for interest rate values, round to the nearest four decimal places. DO NOT use 1% For example, if i=3.4567%, write your answer as 0.0346 DI Question 6 2pts John bought a 10-year, 1,000 par value bond with 8% semiannual coupons The price of the bond to earn a yield of 6% convertible semiannually is 1 204 14 Find the redemption value (Round to the nearest integer value) Next Previous Not saved Sube

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