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17 The Anthony Henry Investment Company purchases corporate bonds in the secondary market with twelve (12) years to maturity. Total par value is $10 million.

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17 The Anthony Henry Investment Company purchases corporate bonds in the secondary market with twelve (12) years to maturity. Total par value is $10 million. The coupon rate is 9.5% with semi-annual coupon (interest) payments. If current bonds are yielding 8.5%, what is the value of this bond. 10,650,373.35 10,698,210.20 10,705,320.31 10,734,468.61 0,743,203.65 b

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