Question: Question 3 (12 points) Question 3 options: UDC issues a QR. 400,000, 9-year strip bond to yield 4.5% compounded quarterly. Determine the proceeds from the

 Question 3 (12 points) Question 3 options: UDC issues a QR.

Question 3 (12 points) Question 3 options: UDC issues a QR. 400,000, 9-year strip bond to yield 4.5% compounded quarterly. Determine the proceeds from the sale of the bond. END/BEG (1) P/Y (1) C/Y (1) N (2) 1/Y (1) LSL LLLLL PV (3) PMT (1) FV (2)

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