Question: Q2 (5 marks) You are considering purchasing a bond with a face value of $5,000 and a coupon rate of 6%. The bond matures in

Q2 (5 marks) You are considering purchasing a bond with a

Q2 (5 marks) You are considering purchasing a bond with a face value of $5,000 and a coupon rate of 6%. The bond matures in 10 years and pays the coupon twice per year. Your MARR is 10%, compounded semi-annually. How much should you pay for the bond

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