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How much do you have to pay for a bond rate that pays 6% dividend compounded semiannually, with a face value of $5,000 that is

How much do you have to pay for a bond rate that pays 6% dividend compounded semiannually, with a face value of $5,000 that is going to be paid (maturity) in 5 years. The buyer wants to have an interest rate profit of 8% compounded semiannually.

a) P= 4,594.64

b) P= 17,645.52

c) P= 3,094,199.50

d) P= 6,283.32

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