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financial mathematics for actuaries. please no excel. guaranteed like. 18. (5 points) [Bonus Problemn] A 4-year 100 par value bond paying 5% anmial coupons has
financial mathematics for actuaries. please no excel. guaranteed like.
18. (5 points) [Bonus Problemn] A 4-year 100 par value bond paying 5% anmial coupons has a redemption value of 110. If the adjustment to the book value in the third year is a write-down of $2.25, find the original price of the bond. A. $117.90 B. $118.40 C. $118.90 D. $119.40 E. $119.90 18. (5 points) [Bonus Problemn] A 4-year 100 par value bond paying 5% anmial coupons has a redemption value of 110. If the adjustment to the book value in the third year is a write-down of $2.25, find the original price of the bond. A. $117.90 B. $118.40 C. $118.90 D. $119.40 E. $119.90 Step by Step Solution
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