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Lei Corporation's bonds have a 30-year maturity, a 10% semiannual coupon ($50 coupon payments are made every six months), a face value of $1,000, and

Lei Corporation's bonds have a 30-year maturity, a 10% semiannual coupon ($50 coupon payments are made every six months), a face value of $1,000, and cannot be called. The going nominal annual interest rate (rd) for similar semiannual payment bonds of equivalent risk is 7%. What is the bond's price?

please explain it with numbers and put the input of the number please

plse i know the answer but i need to know how to get these numbers 60 and what is pmt n i/y pv fv these things explain where the numbers come from thank u

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