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points (0 20 percent) over an index based on LIBOR. In addition, the loan adjusted ekly based on the closing value of the index for

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points (0 20 percent) over an index based on LIBOR. In addition, the loan adjusted ekly based on the closing value of the index for the previous week and had a maximul rate of 2.16 percent and as of 178 percent Calculate the rate of Wrest for weeks through 10 Date LIBOR Wo1 1.89% Week 2 16 Week 3 1.49% 16.3% Wook 168% Weeks Week 7 172 Week 8 Week 191% The rate of interest for work is % (Round to two decimal places) -3 (similar to) Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 17 years and has a $1.000 par value The coupon interest rate is 1l percent and the man's red yeld to may on a comparablerink bond is 15 percent The value of the bond is (Round to the nearest cent)

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