Question: Write by hand please answer ASAP 4. Douglas purchased a $10,000,8% quarterly bond at face value. He held the bond for five years, received twenty

Write by hand please answer ASAP

4. Douglas purchased a $10,000,8% quarterly bond at face value. He held the bond for five years, received twenty coupon payments, and then sold it. What was the sales price of the bond if he earned a yield of 12% compounded quarterly on his investment

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