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Task 3 . What is the difference between the first and last instalment of a mortgage of 3 5 0 7 0 0 PLN taken

Task 3. What is the difference between the first and last instalment of a mortgage of 350700 PLN taken out for 35 years
if the loan is repaid in monthly diminishing instalments and the interest rate is 8%. For the last instalment, also provide
the interest and capital instalment.
Task 4. There is a "console" bond on the market (i.e. perpetual bond) immediately after the payment of a coupon with a
nominal value of 10,000 PLN bearing an interest rate of 6%, paying coupons at the end of the month. The rate of return
("the yield to maturity") on this bond is 6.65%. Please calculate the nominal value of a ten-year zero-coupon bond, which
costs the same as the described perpetual bond and which return to maturity is 5,2146%.(A perpetual bond is a bond that
is never bought back by the issuer, but it pays to the bond holder the fixed income for an unlimited time / for ever).
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