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Please tell me the process of calculating PV. (Formula and steps) T7-5 Bond Valuation with Interest Rate Changes Using the same bond calculate the value

Please tell me the process of calculating PV. (Formula and steps)image text in transcribed

T7-5 Bond Valuation with Interest Rate Changes Using the same bond calculate the value of the bond today if the going rate of return on bonds of that type is currently 6 percent. 10706100066PmtFVi=kdSellingataDiscountorPremium?premiumWhy?BecauseCR>kd

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