Question: Question 2 |lo marks) Covides a bond that has 10 years to matuinty The bond's annual counoc zate is 6M and lis fach valuet is

Question 2 |lo marks) Covides a bond that has 10 years to matuinty The bond's annual counoc zate is 6M and lis fach valuet is 51,000 . The required rate of retum on other investmenty.with similar characteristics is 4 . per your. Suppose the bond makes coupon payments tour (4) timess a year (1e- quarterly). Requirect: At what price would the bond be seliling? "For full credit you must show the steps/calculation toward your results

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