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A $18000 bond that matures in n-years with quarterly coupons at j4 = 6.4%, redeemable at par, will be sold for $14183.89 to an investor

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A $18000 bond that matures in n-years with quarterly coupons at j4 = 6.4%, redeemable at par, will be sold for $14183.89 to an investor who wishes to yield j4 = 10%. If the coupon rate was changed to j4 = 9%, what price would this investor pay for the bond? $28013.28 $16939.97 $15355.21 $20377.08 $25988.43 Eric deposits $100 into a savings account at time 0, which pays interest at an annual nominal rate of i, compounded semiannually. Mike deposits $200 into a different savings account at time 0, which pays simple interest at an annual rate of i. Eric and Mike earn the same amount of interest during the last 6 months of the 8th year. Calculate i. 9.41% 9.33% 9.50% 9.39% 9.46%

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