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Question 2 of 4 A $75,000 bond with a coupon rate of 4.00%, payable quarterly, is redeemable in 12.5 years. What was the purchase price
Question 2 of 4 A $75,000 bond with a coupon rate of 4.00%, payable quarterly, is redeemable in 12.5 years. What was the purchase price of the bond, when the yield rate was 6.00% compounded monthly? $0.00 Round to the nearest cent Question 3 of 4 A $7,500 bond had a coupon rate of 5.50% with interest paid semi-annually. Cody purchased this bond when there were 6 years left to maturity and when the market interest rate was 5.75% compounded semi-annually. He held the bond for 3 years, then sold it when the market interest rate was 5.25% compounded semi-annually. a. What was the purchase price of the bond? $0.00 Round to the nearest cent b. What was the selling price of the bond? $0.00 Round to the nearest cent c. What was Cody's gain or loss on this investment? amount was 5 $0.00 Activa
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