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A 10% bond with semiannual coupons has a face amount of 100,000,000 and was issue on June 18th, 2000. The first coupon was paid on
A 10% bond with semiannual coupons has a face amount of 100,000,000 and was issue on June 18th, 2000. The first coupon was paid on December 18th,2000, and the has a maturity date of June 18th,2020. Find the price of the bond on its issue date using i(2)=5%,10%, and 15% [b] Find the price of the bond on June 18th,2010, just after the coupon is paid, using the yield rates i(2)= 5%,10%, and 15% from part [a]
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