mV6e8RU2a4ScTW27EluzUegsTv/edit lingo one drive # GroupMe O quizlet isu wifi vacations to go _ spanish txtbk Calibri 11 + BI U A 3 3. Suppose that in 2018 your grandmother gifted you a 30 year US Treasury bond which she had bought newly issued in 2010. This bond has a face value of $10,000 and pays 4% coupon every December. This bond will mature in 2040 December. You held that bond and earned coupon payments for two years but in January 2021 you sold this bond in the secondary market. If the market interest rate was 7% at that time, what price did you get for that bond? Just write the formula (application of the basic present value formula) you will use to calculate the market price with these numbers. No need to calculate the actual answer. (No credit for formula that with just n, I, r etc. and the one used for a financial calculator). 4. Suppose you are a financial analyst working at a bank and evaluating a loan application. The borrower plans to pay off the loan in 10 years with an annual fixed payment of $2,000 and the current annual interest rate is 4%. How much is the amount of loan today? Just write the formula (application of the basic present value formula) that you can use to calculate the loan amount with these numbers. No need to calculate the actual answer. (No credit for formula that with just n, I, r etc. and the one used for a financial calculator)