Bank of America has bonds that pay a 6.5 percent coupon interest rate and mature in 5 years. If an investor has a 4.3 percent required rate of return, what should she be willing to pay for the bond? What happens if she pays more or less than this amount? Use labels as N, I , PV, FV, PMT.

Example:

N =

I =

Fv =

so on..