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A $10,000 bond is issued with semi-annual coupons of $400. It is callable at 107 in 10 years or later, at 103 in 15 years
A $10,000 bond is issued with semi-annual coupons of $400. It is callable at 107 in 10 years or later, at 103 in 15 years or later, or it matures at 99 in 20 years. What value of n should be used in your purchase price formula so that you calculate a price that guarantees a minimum yield of j2 = 7%? You are given the following annuity values, all at i = 0.035: 215 i = 11.5174, 220i = 14.2124, 230 i = 18.3921, 040i = 21.3551 O A. 40 OB. 20 O C. 15 OD. 30 A $10,000 bond is issued with semi-annual coupons of $400. It is callable at 107 in 10 years or later, at 103 in 15 years or later, or it matures at 99 in 20 years. What value of n should be used in your purchase price formula so that you calculate a price that guarantees a minimum yield of j2 = 7%? You are given the following annuity values, all at i = 0.035: 215 i = 11.5174, 220i = 14.2124, 230 i = 18.3921, 040i = 21.3551 O A. 40 OB. 20 O C. 15 OD. 30
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