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Some bonds have a face value of $1,000, a coupon rate of 6.2%, semiannual interest payments, and mature in 15 years. What is the current
Some bonds have a face value of $1,000, a coupon rate of 6.2%, semiannual interest payments, and mature in 15 years. What is the current price of these bonds if the yield to maturity is 6.98%? A. $ 1,000.00 B. $ 928.87 C. $ 928.18 D. $ 1,020.26 Ann plans to save $3,200 per quarter for the down payment of a house. The account offers 5.45% annual interest. How much would she save after 3 years? A. $ 10,132.71 OB. $ 39,373.87 C. $ 52,281.72 OD. $ 41,412.39
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