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Answer:
$814.10
Explanation:
Calculation to determine what the price of the bond now
Using this formula
Bond price = PV of coupon payments + PV of face value
Bond price= C×((1 / r) – {1 / [r(1 + r)t]}) + FV / (1 + r)t
Let plug in the formula
Bond price= [(.080 ×$1,000) / 2] ×[[1 / (.12 / 2)] – (1 / {(.12 / 2)[1 + (.12 / 2)](7 ×2)})] + $1,000 / [1 + (.12 / 2)](7 ×2)
Bond price= $814.10
Therefore the price of the bond now is $814.10
As you advance and seek promotions in your career, you should continue to show commitment to always doing your job in the same way no matter what.
Career refers to a job that a person decides to undertake for a significantly long period of a person's life. A career may lead a person to hold several different but related jobs as he/she continues to advance in a career.
As you move through your career and begin to seek promotions, it is helpful to show commitment to always doing your job in the same way no matter what.
Learn more: brainly.com/question/1763858
The total cost of the lone will be lower
