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Can someone please help me with this problem? Attached is an example to help. Thanks in advanced! Question 4 1 pts 4. A 28-year 10,000
Can someone please help me with this problem? Attached is an example to help. Thanks in advanced!
Question 4 1 pts 4. A 28-year 10,000 bond that pays 4% annual coupons matures at par. It is purchased to yield 5.5% for the first 19 years, and 4.5% thereafter. Calculate the amount for accumulation of discount for year 6. [7.c 114] A) 61 B) 58 C) 65 D) 68 E) 71 A 34-year 10,000 bond that pays 3.5% annual coupons matures at par. It is purchased to yield 5% for the first 13 years, and 4% thereafter. Calculate the amount for accumulation of discount for year 6. [7.c #14] -19 P = 400 a 1a15.5% + 400 Q974.57.(1.055) + 10,000(1045) (1.055) 1.055)-19 =8127.44 O 86 B5 = 8127.44(1.055)- 400 S515.5% = 8389.80 O 70 16= 0.055.35 = 461.44 O 74 O 82 Po = 461.44 - 400 = 161.441 O 78 Question 4 1 pts 4. A 28-year 10,000 bond that pays 4% annual coupons matures at par. It is purchased to yield 5.5% for the first 19 years, and 4.5% thereafter. Calculate the amount for accumulation of discount for year 6. [7.c 114] A) 61 B) 58 C) 65 D) 68 E) 71 A 34-year 10,000 bond that pays 3.5% annual coupons matures at par. It is purchased to yield 5% for the first 13 years, and 4% thereafter. Calculate the amount for accumulation of discount for year 6. [7.c #14] -19 P = 400 a 1a15.5% + 400 Q974.57.(1.055) + 10,000(1045) (1.055) 1.055)-19 =8127.44 O 86 B5 = 8127.44(1.055)- 400 S515.5% = 8389.80 O 70 16= 0.055.35 = 461.44 O 74 O 82 Po = 461.44 - 400 = 161.441 O 78Step by Step Solution
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