Consider a security with a face value of $100 000 to be repaid at maturity.The maturity of the security is three years.The coupon rate is 9% per annum and coupon payments are made semi-annually.The current discount rate is 12% per annum.What is the security's price (round your answer to two decimals)?
A)$127,000.00
B)$100,000.00
C)$76,046.08
D)$92,624.01

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The Answer of Consider a security with a face value of $100 000 to be repaid at maturity.The maturity of the security is three years.The coupon rate is 9% per annum and coupon payments are made semi-annually.The current discount rate is 12% per annum.What is the security's price (round your answer to two decimals)?
A)$127,000.00
B)$100,000.00
C)$76,046.08
D)$92,624.01

Consider a Security with a Face Value of $100 000