Question: please solve this question without the use of chat gpt or AI because the answers are not correct. thank you 5. You are given the

please solve this question without the use of chat gpt or AI because the answers are not correct. thank you

5. You are given the following information on two bonds. Bond X is a zero-coupon bond that will pay a redemption amount of C at the end of 15 years and is currently selling for 706.27 . Bond Y is a 15-year bond, redeemed at par, with face amount of 100 and coupons payable quarterly at a nominal interest rate of 7% compounded quarterly and is currently selling at par. Find C if both bonds have the same nominal yield rate convertible quarterly

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