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A bond with a face value of $5000, earning interest of 24% annually paid every two months ($200.000 every two months) is offered for sale.

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A bond with a face value of $5000, earning interest of 24% annually paid every two months ($200.000 every two months) is offered for sale. The maturation time for the bond is 3 years. How much should be paid for the bond if the yield rate is 12% compounded bimonthly? o $ 7830.194 o S 8321.927 $ 6499.203 $ 6196.612 o $ 6356.032

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