Question: Please answer BOTH. Thank you very much. Edgar buys a bond with a face value of $12,000, a coupon rate of 8% and a maturity

a face value of $12,000, a coupon rate of 8% and a Please answer BOTH. Thank you very much.

Edgar buys a bond with a face value of $12,000, a coupon rate of 8% and a maturity period of 20 years, what is the Purchase price of this bond (present worth) if he earns 12% (Nominal interest) on his investment, compounded weekly? $8156 $8388 $15,611 $16,065

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