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Calculate the PDV of the following bonds. a. A 5-year bond with an annual coupon payment of $200, and a principal payment at maturityof $5,000,
Calculate the PDV of the following bonds.
a. A 5-year bond with an annual coupon payment of $200, and a principal payment at maturityof $5,000, at an interest rate of 4 percent.
b. A 15-year bond with an annual coupon payment of $50, and a principal payment at maturityof $600, at an interest rate of 10 percent?
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