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b) Calculate the market price of each bond on 23d April 2021 that issued by North Polar Ltd., a European company specialises in manufacturing semiconductors,

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b) Calculate the market price of each bond on 23d April 2021 that issued by North Polar Ltd., a European company specialises in manufacturing semiconductors, using the yield curve data provided in the table above. What is the current total value of minimum application? Corporate Bonds Fact Sheet Issuer North Polar Ltd. Issuing date 23'd April 2021 Bond expiration date 25th April 2025 Face value E 1000 per bond. Minimum application 50 Bonds (E 50,000) Interest rate Floating Interest Rate. The Interest Rate is the sum of the Market Rate plus the Margin. Coupon rate (annual) Central Government Bond Yield + 1.86% p.a. Coupon payment Annually (coupon payment is paid on 10th July every year) Market Yield 4.5%

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