Question: Hello please show steps to help solve this problem Kevin Rogers is interested in buying a five-year bond that pays a coupon of 10 percent

Hello please show steps to help solve this problem

Kevin Rogers is interested in buying a five-year bond that pays a coupon of 10 percent on a semiannual basis. The current market rate for similar bonds is 8.8 percent. What should be the current price of this bond? (Do rot round intermediate computations. Round your final answer to the nearest dollar.) $1, 099.$982 $1.048 $965 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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4. Are you articulating well? Are you mumbling? Can other people understand your words?

6. Are you effectively scanning as you rehearse? (If you have others present, are you making eye contact? If not, are you looking at different quadrants of the room you are rehearsing in?)