Question

A bond is brought on Aug 21, 2001 to yield 4% interest. A bond of $1,000 at 6% pays dividend semiannually and will be redeemed at 110% on Aug 21, 204. Calculate the price of the bond? a) $1,155.06 b) $1,122.81 c) $1,133.78 d) $1,144.81 ​

Answer 1

Answer:

This answer is D option

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