QUESTION 13 AS1.000, 12 year bond carries a 35% semiannual coupon If the prevaling market rate on the date of purchase is 45% compounded semiannually what is the purchase price of the bond? $1,097.30 $947.93 $2,180.44 O 590.06 $1,254.70

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QUESTION 13
AS1.000, 12 year bond carries a 35% semi-annual coupon. if the prevaling market rate on the date of purchase is 45% compounded semiannually
what is the purchase price of the bond?
$1,097.30
$947.93
$2,180.44
O 5908.06
$1,254,70
Transcribed Image Text:QUESTION 13 AS1.000, 12 year bond carries a 35% semi-annual coupon. if the prevaling market rate on the date of purchase is 45% compounded semiannually what is the purchase price of the bond? $1,097.30 $947.93 $2,180.44 O 5908.06 $1,254,70
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