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1o. A $1000 bend with semi arval Ceofens is redeemable for $ 1030 in 5 years. The write down (beck valve adjustment) in the 1st

1o. A $1000 bend with semi arval Ceofens is redeemable for $ 1030 in 5 years. The write down (beck valve adjustment) in the 1st coufen perred is $4.09. What is the Price of the bend to gield 2 = 7%? 1 A. 1050.26 B. 1949, 74 C. $979.74 D. lege. 26

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