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An investor holds a Ford bond with a face value of $5000, a coupon rate of 8.6%, and semiannual payments that matures on January 15,

An investor holds a Ford bond with a face value of $5000, a coupon rate of 8.6%, and semiannual payments that matures on January 15, 2029. How much will the investor receive on January 15, 2029?

a.

$5086.00

b.

$5430.00

c.

$5215.00

d.

$5000.00

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