Question: please show all work and do not use excel. ignore the answer and work shown it was not correct. 6. Marianna decided not to purchase

please show all work and do not use excel. ignore the answer and work shown it was not correct. please show all work and do not use excel. ignore the answer

6. Marianna decided not to purchase the bond in problem #5. Instead she paid S878 for a $1,000 face value bond that provides coupons of $50 every half year for the 10 year maturity period. The annual ROR she is set to earn on the investment is closest to a) 5.4% b) 62% c) 7.3% 1800 10.196 e) 10.5% f) 11.9% g) 12.1% h) 12.7% i) 13.3% j) greater than 13.3%

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