Question: Show instructionsQuestion 2 4 ( 1 point ) Jack purchases a $ 4 3 0 0 bond with an interest rate of 2 . 8

Show instructionsQuestion 24(1 point)Jack purchases a $4300 bond with an interest rate of 2.8% p.a. payable semi-annually and a maturity date of 9 years from now. If the yield rate is 4.2% p.a. compounded semi-annually, what is the purchase price of Jack's bond?OaObOcOd5852.694252.693852.694852.69Next PageOnce you click Next Page you will not

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