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Instruction: Fill in the blanks. Do not use thousand separator, use 2 decimal places only (.e. 1000.00 instead of 1,000). Which among the bonds is
Instruction: Fill in the blanks. Do not use thousand separator, use 2 decimal places only (.e. 1000.00 instead of 1,000). Which among the bonds is the most expensive? Option 1 Option 2 Option 3 Bond future value 6500.00 6500.00 6500.00 Pays at 7% 9% 4% And compounded Semi-annually Semi-Annually Quarterly Redeemable at the end of (in years) 5 If bond annually pays 10% 12% 5% Purchase Price Option 4 6500.00 3% Quarterly 4% Option number is the most expensive. Check
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