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Finance Math Please show your work for part-a & just the answer for part-b will suffice. Part-A Part-B A $14,500 bond that has a coupon
Finance Math
A $14,500 bond that has a coupon rate of 5.30% payable semi-annually and maturity of 5 years was purchased when the yield was 4.30% compounded semi-annually. What was the book value of the bond after 8 payments? $0.00 Round to the nearest cent A $2,000 bond that has a coupon rate of 5.70% payable semi-annually and maturity of 6 years was purchased when the yield was 4.30% compounded semi-annually. What was the book value of the bond after 9 payments Please show your work for part-a & just the answer for part-b will suffice.
Part-A
Part-B
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