Please show where all the numbers come from for the financial calculator

3) An investment bank agrees to underwrite a $100 million, 15-year, 10 percent semiannual bond company on a firm commitment basis. The investment bank pays the company on Monday and plans to begin a public sale on Tuesday. If interest rates rise 0.5 percent, or fifty basis points, overnight, what will be the impact on the profits of the investment bank? A) $4,258,365; loss B) $4,258,365; gain D) $3,735,975; gain E) S1,239,175; gain Answer: C Explanation: With a financial calculator: Input N 30, I-5.25, PMT 5,000,000, FV 100,000,000 and solve for PV to get $96,264,025. The value of the investment went down from $100,000,000 to $96,264,025 for a loss of $3,735,975