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Question 3 (10 marks) An investment firm makes a special deal with you. If your birthday is between January 1* and June 30th, you will

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Question 3 (10 marks) An investment firm makes a special deal with you. If your birthday is between January 1* and June 30th, you will receive a one-year $2,000 bond (4% annual coupon rate) with monthly coupons. Alternatively, if your birthday is between July 1" and December 31", you will receive a two-year $1,800 bond (3.50% annual coupon rate) with monthly coupons. Additionally, the discount rates used will be based on birthdates. For birthdates between 1 and 14, the discount rate is 0.40% per month. For birthdates between 15 and 31, the discount rate is 0.70% per month. As an example, a birthday of June 15th will have a $2,000 bond and a discount rate of 0.70% per month. Based on your birthday (will be verified), calculate the present value of your investment (include a diagram). Again, write down the SAME birthdate as you have given previously or you will NOT get full marks! Birthdate: Question 3 (10 marks) An investment firm makes a special deal with you. If your birthday is between January 1* and June 30th, you will receive a one-year $2,000 bond (4% annual coupon rate) with monthly coupons. Alternatively, if your birthday is between July 1" and December 31", you will receive a two-year $1,800 bond (3.50% annual coupon rate) with monthly coupons. Additionally, the discount rates used will be based on birthdates. For birthdates between 1 and 14, the discount rate is 0.40% per month. For birthdates between 15 and 31, the discount rate is 0.70% per month. As an example, a birthday of June 15th will have a $2,000 bond and a discount rate of 0.70% per month. Based on your birthday (will be verified), calculate the present value of your investment (include a diagram). Again, write down the SAME birthdate as you have given previously or you will NOT get full marks! Birthdate

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