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please show work without excel and 1 and 1b please and thank you so much 1. What is the present value of a semi-annual coupon
please show work without excel and 1 and 1b please and thank you so much
1. What is the present value of a semi-annual coupon bond that pays you 8% coupon rate with a maturity
of 30 years? Assuming 8% discount rate and a $100 par value.
1b) Repeat the previous questions assuming the discount rate to be 6% and 10%.
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