Question: Question 2: If your r = 12%, what is the maximum you should be willing to pay for a coupon bond maturing in exactly 24

 Question 2: If your r = 12%, what is the maximum

Question 2: If your r = 12%, what is the maximum you should be willing to pay for a coupon bond maturing in exactly 24 years that has a $20,000 maturation value and will make one $200 coupon payment every year until it matures? Select one: O a. $2,874.51 O b. $1,317.64 O c. $20,200.00 O d. None of the options are within $1.00 of the correct

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