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Kai buys a $5,000.00 bond maturing in 5 years with a 3.500% coupon. The bond is priced to yield 3.750% compounded bi-weekly. How much does
Kai buys a $5,000.00 bond maturing in 5 years with a 3.500% coupon. The bond is priced to yield 3.750% compounded bi-weekly. How much does he pay? a. P = $5,775.32. b. P = $5,133.62. c. P = $5,725.96. O d. P = $4,936.17. O e. P = $4,985.53. Certainty : OC=1 (Unsure: 67%) OC=3 (Quite sure: >80%)
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