SHOW ALLL THE WORK AND HOW DID YOU GET THE ANSWER, SHOW THE FORMULA OF HOW DID YOU GET IT AND EXPLAIN THE NUMBERS OF PLUGGING IN THE WORK. SHOW ALLL THE WORK

Question 2 You are an auditor with a major accounting firm. You have been assigned to put a value on the bonds being held by a major investor in a hedge fund. The hedge fund is looking for a major line of credit and their financial position needs to be reviewed. The Bonds being held have the following terms: Maturity: 10 YTM: 11.6% Par Value: $1,000 7.5% Coupon Rate: What is the value of this Bond at this time