Question: Send to Gradebook Question 2 View Policies Current Attempt in Progress You are interested in investing in a five-year bond that pays a 6.8 percent

 Send to Gradebook Question 2 View Policies Current Attempt in Progress

Send to Gradebook Question 2 View Policies Current Attempt in Progress You are interested in investing in a five-year bond that pays a 6.8 percent coupon rate with interest to be received semiannually. Your required rate of return is 8.2 percent. What is the most you would be willing to pay for this bond? (Round answer to 2 decimal places, eg. 15.25.) Present value $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Send to Gradebook Previous

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