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Show the math of the price for the following bond: Bond has an 8% coupon, paid semi-annually, matures in 10 years. YTM is 5%. PV

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Show the math of the price for the following bond: Bond has an 8% coupon, paid semi-annually, matures in 10 years. YTM is 5%. PV = 40/(1.025)^1 + 40/(1.025)^2 + ...1040/(1.025)^20 PV = 80/(1.05)^1 + 80/(1.05)^2 + ...1080/(1.05)^10 O-PV = 40/(1.025)^1 + 40/(1.025)^2 + ..1040/(1.025)^20- PV = 80/(1.025)^1 +80/(1.025)^2 + ...1080/(1.025)^20

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