_A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.$?

_A P 1, 000, 6% bond pays dividend semiannually and will be redeemed a

1.	_A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.$?
A.	P 1,122.70
B.	P 1,144.81
C.	P 1,133.78
D.	P 1,155.06
Answer» C. P 1,133.78

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_A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.$?

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