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5. There are three regular coupon bonds (I, II, III), please converse them into zero-coupon bonds (A, B, C, D) and value the current prices

5. There are three regular coupon bonds (I, II, III), please converse them into zero-coupon bonds (A, B, C, D) and value the current prices for these zero-coupon bonds if market interest rate is 5% constantly. Regular coupon bond I: $200 par value, 4 years, 8% coupon rate; Regular coupon bond II: $500 par value, 2 years, 10% coupon rate; Regular coupon bond III: $400 par value, 3 years, 8% coupon rate.

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