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a bond with a face value of x,and maturity of x years is sold, offering x% coupon monthly. determine the present value of the if

a bond with a face value of x,and maturity of x years is sold, offering x% coupon monthly. determine the present value of the if the risk free interest raye is X % compounded monthly. image text in transcribed
A bond with a face value of 2500$ and maturity of 4 years is sold, offering a 9% coupon monthly. Determine the present value of the bond if the risk free interest rate is 9% compounded monthly

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