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1. Victoria, a UGA engineering student decided to finance part of her education by investing in bonds. Delta Inc, a local manufacturing company issued a
1. Victoria, a UGA engineering student decided to finance part of her education by investing in bonds. Delta Inc, a local manufacturing company issued a 10% coupon bond that pays interest (dividends) every 3 months. Even though the nancial position of Delta appears shaky based on 1Victoria's own due diligence analysis, she took the risk and bought 10 of delta's bonds each with a face value of $2000 that matures in ten years. She spent a total of $27,831.73 on all the ten $2000 face value bonds. i. Draw the cash ow diagram for 1Victoria's investment assuming she kept all the bonds till maturity. Calculate the nominal market interest rate at the time Victoria made her purchase
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