Question: QUESTION 8 10 points S AT&T sold $2 Billion in bonds to help fund the acquisition of DirectTV. The nominal yearly interest rate is 6%,

 QUESTION 8 10 points S AT&T sold $2 Billion in bonds

QUESTION 8 10 points S AT&T sold $2 Billion in bonds to help fund the acquisition of DirectTV. The nominal yearly interest rate is 6%, compounded semiannually. Dr. Leitch buys a $5,000 face value bond for $4,500 today (June 2018) and the bond matures 25 years from today Dividends are paid semiannually. If the bond is held to maturity in 25 years, what is the nominal yearly interest earned on the bond? 0 7.2% 3.6% o 6.0% C) 3.0% None of these numerical values. QUESTION 9 10 points

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