Question: You buy a 3 5 - year bond for $ 9 3 0 . 0 0 . The bond pays a semi - annual coupon

You buy a 35-year bond for $930.00. The bond pays a semi-annual coupon (annual coupon
rate is 9%) and it has a par value of $1,000. You want to hold the bond for 13-years at which
time you believe you can sell the bond for $740. What is the future value of reinvested
coupons if you can reinvest all coupons at 5.5%?
Round your answer to cents.
Enter answer without the $ sign in the following format: 55.55(round to 0.01).
You buy a 35-year bond for $930.00. The bond pays a

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