Answer 3, answers are to the left please.

'.Find the book value of the bond at the end ol year 2. BV-24 An n-year, $3,000 par-value bond with 10% annual coupons and redemption value C is subject to an annual effective interest rate 6%. If the book value of the bond at the end of year 7 is $4581.1244 Calculate the price of the bond as well as the book value of the bond at the end of year 12. 4, Bill buys a 15-year, $700 par-value bond with 8% semi-annual coupons and redemption value $1000. The price of the bond assumes an annual effective interest rate of 5%, when receiving each coupon payment Bill Xmediately deposit it into an saving account earning a nominal interest rate K compounded quarterly. Right after receiving the final coupon payment and the redemption value of the bond, Bill has earned a yield 79 r in inueet ment in the bond. '.Find the book value of the bond at the end ol year 2. BV-24 An n-year, $3,000 par-value bond with 10% annual coupons and redemption value C is subject to an annual effective interest rate 6%. If the book value of the bond at the end of year 7 is $4581.1244 Calculate the price of the bond as well as the book value of the bond at the end of year 12. 4, Bill buys a 15-year, $700 par-value bond with 8% semi-annual coupons and redemption value $1000. The price of the bond assumes an annual effective interest rate of 5%, when receiving each coupon payment Bill Xmediately deposit it into an saving account earning a nominal interest rate K compounded quarterly. Right after receiving the final coupon payment and the redemption value of the bond, Bill has earned a yield 79 r in inueet ment in the bond