A 10 -year, 11.00%,$5,000 bond that pays dividends quarterly can be purchased for $4,551. This means that $4,551 is spent on the bond now. Every quarter, $137.50 is provided to the purchaser as the dividend. After 10 years, $5,000 is given to the purchaser. If the bond is purchased and pays as scheduled, which of the following ranges of effective rate of return will the purchaser receive? 11.00%11.50% 12.80%13.80% 13.81%15.81% 11.50%12.55% A 10 -year, 11.00%,$5,000 bond that pays dividends quarterly can be purchased for $4,551. This means that $4,551 is spent on the bond now. Every quarter, $137.50 is provided to the purchaser as the dividend. After 10 years, $5,000 is given to the purchaser. If the bond is purchased and pays as scheduled, which of the following ranges of effective rate of return will the purchaser receive? 11.00%11.50% 12.80%13.80% 13.81%15.81% 11.50%12.55%