x Your answer is incorrect. Please view the following video before answering this question. Click here to watch the video Ten bonds are purchased for $9,340.69 and are kept for 5 years. The bond coupon rate is 6% per yet, payable semi annually. . Immediately following the owner's receipt of the last coupon payment, the owner sells each bond for $50 less than its par value (price discount). The owner will invest in the bonds if the effective annual yield is at least 8%. What is the face value of each bond? 3738