Question: Interest payments on a certain bond are $500 every three months. If the bond interest rate is 10% per year compounded quarterly, the bond

Interest payments on a certain bond are $500 every three months. If

Interest payments on a certain bond are $500 every three months. If the bond interest rate is 10% per year compounded quarterly, the bond face value is Select one: A. $5,000 B. $10,000 C. $15,000 D. $20,000

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