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Part 1: Bonds and Principals of Counting (/15) Question 1: Bonds For each of the following bonds calculate the cash price and determine the
Part 1: Bonds and Principals of Counting (/15) Question 1: Bonds For each of the following bonds calculate the cash price and determine the amount of the bond premium or discount. (3 marks each) Face Value Coupon Rate Issue Date Selling Date Maturity Date Market Rate on Selling Date 1 $1,000 2 $10,000 3 $10,000 7.25% 6.5% 6.5% Jan 15, 1994 Jan 15, 1997 Jan 15, 2025 April 27, 1988 April 27, 1990 April 27, 2022 April 27,1988 July 17,1990 April 27,2022 7.25% 8.55% 8.55% Show work here. Price $ Amount of Premium or Discount 1 2 3 Interest accrued per $100 $ Total accrued interest
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