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A $1000 bond with 3% semiannual coupons matures at par on July 15, 2026. Coupon dates are January 15 and July 15. Tamara purchased this

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A $1000 bond with 3% semiannual coupons matures at par on July 15, 2026. Coupon dates are January 15 and July 15. Tamara purchased this bond on May 22, 2014 to yield a nominal rate (2) = 6%. Find the purchase price assuming simple interest rate between coupon dates and using the method. 30 Possible Answers A 754.24 B 754.34 C 754.44 D 754.54 E 754.64 A $1000 bond with 3% semiannual coupons matures at par on July 15, 2026. Coupon dates are January 15 and July 15. Tamara purchased this bond on May 22, 2014 to yield a nominal rate (2) = 6%. Find the purchase price assuming simple interest rate between coupon dates and using the method. 30 Possible Answers A 754.24 B 754.34 C 754.44 D 754.54 E 754.64

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