Question: QUESTION 3 You are considering buging a 1 0 - year bond issued by 1 0 M . The coupon rate is 8 W annually,

QUESTION 3
You are considering buging a 10-year bond issued by 10 M . The coupon rate is 8 W annually, with interest being paid semiannually, 15 you expect to earn a 10 m rate of return on this bond, what is the maximum price you should be willing to pay for this ibM bond?
A 5875.39
A. $911.46
C. $898.54
D. $189.93
QUESTION 3 You are considering buging a 1 0 -

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