Jarir is about to issue a bond with semiannual coupon payments, a coupon rate of $10\%,$ and par value

of $$1,000.$ The yield to maturity for this bond is $8\%.$

a$)$ What is the price of the bond if the bond matures in five, ten, fifteen, or twenty years? please put the pv presnt value formula and the NPER formula in writing not in excel

b$)$ What do you notice about the price of the bond in relationship to the maturity of the bond? $.$ please step by step solution