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49.-50. Yantai Food, Inc. has issued a bond with par value of $1,000, an annual coupon rate of 10 percent, and that matures in 10

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49.-50. Yantai Food, Inc. has issued a bond with par value of $1,000, an annual coupon rate of 10 percent, and that matures in 10 years. These bonds pay interest semi-annually. What is the value of the bond today at t=0 if the required annual rate of return is 12 percent? a. Semi-annual variable values: 1. Periodic market interest rate (i iDcr) : 2. Time periods until maturity (N) : 3. Semi-annual coupon interest payment (PMT): 4. Bond's Future Value at maturity (FV): b. Calculate the bond's current market value today, at t=0

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