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[ 4 pts. ] Janice is planning to buy a 9% $140000 10-year bond. She is going to receive a quarterly dividend for 10 years.

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[ 4 pts. ] Janice is planning to buy a 9% $140000 10-year bond. She is going to receive a quarterly dividend for 10 years. Which one of the following value is closest to the maximum amount she should pay today to make a nominal 12% per year compounded semiannually in this investment? (Assume no inter-period interest accrued when payment period is smaller than compounding period.) Select one: O a. 115729 O b. 115913 O C. 110600 O d. 140000

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