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Question 19 of 25 4 Points Spruce Sprocket Enterprises issued 51.1 billion worth of 50 year bonds twenty two years ago. Each bond has a

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Question 19 of 25 4 Points Spruce Sprocket Enterprises issued 51.1 billion worth of 50 year bonds twenty two years ago. Each bond has a $1.000 par value it sold initially for $1,000 and will return $1.000 at maturity and a 6.8% annual coupon interest rate, but with interest paid every six months to be sure to compute semiannually and compute with enough decimal places to ensure accuracy or buyers expected yield to matunty (which we trest as an effective annual rate, or EAR measure is 73200 then at what price would we expect each of these semiannual interest payment bonds to sell today! A 95.08 B. 1929.12 11.049,7 D. 1992.11 E 193727

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