Question: How much should you pay for a bond with $ 1 , 0 0 0 face value; a 1 4 percent coupon rate, and five

How much should you pay for a bond with $1,000 face value; a 14 percent coupon rate, and five years to maturity it your appropriate discount tate is 10 percent and interest is paid semiannually?

 Keep 2 decimal pilaces in the answer

a. $115454

B. $124934

c $134.34

D. $1149.34

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