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7. Calculate the Market Value of the following semi-annual bond. Its Par Value is $1,000. The coupon rate is 3.5%, market rate is 4.8 %

7. Calculate the Market Value of the following semi-annual bond. Its Par Value is $1,000. The coupon rate is 3.5%, market rate is 4.8 % and time to maturity is 30 years and 7 years have already passed. a. Show work and calculate the price per bond: b. Calculate the total value if 2-million bonds outstanding: c. Calculate the firms Enterprise Value given that equity has a value of $10 million. d. Calculate the value per share for the companys common stock given 1.2 million shares are outstanding

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