Question: Problem #3: The function s(t) = 0.07 + 0.005t gives the effective annual rate of a zero coupon bond of maturity t, with t in

 Problem #3: The function s(t) = 0.07 + 0.005t gives the

Problem #3: The function s(t) = 0.07 + 0.005t gives the effective annual rate of a zero coupon bond of maturity t, with t in years. Find the price of a 2 year coupon bond with semiannual coupons of 7% and a face/redemption value of $500,000. Problem #3: 72542.61 Answer correct to 2 decimals. Just Save Your work has been saved! (Back to Admin Page). Submit Problem #3 for Grading Problem #3 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Attempt #1 72542.61 Your Answer: Your Mark: 0/2x

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