$1539$

$15-40$

$15-41$

$15-42$

$3.(102)$ AP A $10-$year bond is issued with semi$-$annual interest payments. The contractual rate of the bond is $4\%,$ while the current market rate is $3\%.$ The $n$ and i factors to determine the price of the bond are:

a$.n=10,i=2\%$

b$.n=20,i=3\%$

c$.n=20,i=2\%$

a$.n=20,i=1\mathrm{.}5\%$

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