Question 2 2 Not complete Marked out of 2.0 P Flag question A fixed interest stock is redeemable at 106% at the option of the borrower at any time between 7 years and 14 years from the date of issue. The coupon rate is 4.7% per annum payable quarterly in arrears. What price should be paid at issue per 10,000 nominal by an investor subject to 24% income tax wishing to achieve a net redemption yield of 8.3% per annum? Express, to 2 decimal places, the price that should be paid by the investor