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Kai buys a $25,000.00 bond maturing in 14 years with a 2.250% coupon. The bond is priced to yield 8.250% compounded semi-annually. How much does
Kai buys a $25,000.00 bond maturing in 14 years with a 2.250% coupon. The bond is priced to yield 8.250% compounded semi-annually. How much does he pay? a. P = $12,427.25. Ob. P = $12,680.87. OC. P = $14,202.58. O d. P = $12,807.68. e. P = $15,217.05
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