Question: PLEASE HELP PLEASE HELP ME WITH THISS WOULD BE HIGHLY APORECIATED You intend to purchase a 9-year, $1,000 face value bond that pays interest of

PLEASE HELP

PLEASE HELP ME WITH THISS WOULD BE HIGHLY APORECIATED

You intend to purchase a 9-year, $1,000 face value bond that pays interest of $73 every 6 months. If your nominal annual required rate of return is 15.5 percent with semiannual compounding, how much should you be willing to pay for this bond?

$967.09

$957.09

$937.09

$947.09

$927.09

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