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Nathan owns investment A and 1 bond B . The total value of his holdings is $ 1 8 , 4 7 0 . 0

Nathan owns investment A and 1 bond B. The total value of his holdings is $18,470.00. Bond B has a coupon rate of 16.11 percent, par value of $1,000.00, YTM of 13.54 percent, 10 years until maturity, and semi-annual coupons with the next coupon due in 6 months. Investment A has an expected return of 8.22% and is expected to pay X per year for a finite number of years such that its first annual payment is expected later today and its last annual payment is expected in 6 years from today. What is x, the annual cash flow made by investment A?
An amount less than $3,226.00 or an amount greater than $3,857.00
An amount equal to or greater than $3,420.00 but less than $3,547.00
An amount equal to or greater than $3,547.00 but less than $3,691.00
An amount equal to or greater than $3,226.00 but less than $3,420.00
An amount equal to or greater than $3,691,00 but less than $3,857.00
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