Rania is looking at buying a 10 no call 7 bond. It has a face value of $10,000, a coupon of 5.3750%. It is callable for $10,500 only on coupon dates, with the first call at the end of year 7. The bond matures at face value. Rania has a target yield of 3%. What is the most she should pay for the bond to guarantee her target yield? Hint: For each call date and maturity), find how much she would pay if she knew it would be called on that day. a $10,676.54 b. $11,895.45 C. $10,567.94 O d. $11,984.43 O e. $12,038.78 Certainty : C=1 (Unsure: 67%) C=3 (Quite sure: >80%)