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One of the England's largest corporation, who own the hair salon, British Hairways just expanded operations into the United States. At present, the firm has

One of the England's largest corporation, who own the hair salon, "British Hairways" just expanded operations into the United States. At present, the firm has a 30 year, $10,000 par value bond outstanding, with a coupon rate of 4.3% paid semiannually and 15 years to maturity. The yield to maturity on this bond is 5.2%.

a) What is the current value of the bond?

b) Once you have calculated the Present Value or the current price of the bond, what would be the Current Yield on this bond?

c) Is it selling at a discount, par, or premium?

d) What is the difference between Yield to Maturity, Current Yield, and Coupon Rate?

**Please include a time line for this problem**

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