Question: show all work please! 16. A bond with a $1,000 face amount pays semiannual coupons at a rate of Y% per year. The bond has
16. A bond with a $1,000 face amount pays semiannual coupons at a rate of Y% per year. The bond has 20 years to maturity and is priced to yield 6% compounded semiannually. The bond's price is $884.426140. Determine the bond's book value value immediately after the 17th coupon payment. A. $ 518 B. $ 618 C. $ 718 D. $ 818 E. $ 918
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