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[9] 2. A $10000 15-year bond is priced to yield at 12% compounded quarterly. It has quarterly coupons of $200 each the 1st year,

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[9] 2. A $10000 15-year bond is priced to yield at 12% compounded quarterly. It has quarterly coupons of $200 each the 1st year, $215 each the 2nd year, $230 each the 3rd year..... $410 each the 15th year. (a) Show that the price is $9267.05. (b) Determine the book value after 14 years. (c) Draw up a partial bond schedule showing the first and last year's entries only.

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