47. $Par Value * Coupon Rate %/2* (1-1/(1+R)^N is what Time Value of Money formula used in a calculation of a bond's price? I 45. What Time Value of Money formula is used to discount the Par Value of the bond to the present? 39. $Par Value/(1+r)^N is what Time Value of Money formula used in a calculation of a bond's price? 40. If an individual in 1890 was asked what he or she did for a living, and they replied - "I clip coupons". What does the individual do for a living? 41. Why is the coupon rate % and the bond yield % divided by two for most bonds