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Calculate the present value of the bond below where the coupon (and Face amount at maturity) is multiplied by the year that it is paid.
Calculate the present value of the bond below where the coupon (and Face amount at maturity) is multiplied by the year that it is paid. The bond pays annually. So if c represents the coupon, then in period 1, the bond pays 1c, in period 2, the bond pays 2c, in period 3, the bond pays 3c ... And at the last period n, the bond pays n*c+ n *Face. Also, calculate the value of the ordinary bond. Divide the value of the first special bond by the value of the ordinary bond. Face ytm coupon maturity 2E+06 3% 4% 10
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