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Use the info from the first photo for bond information. Answers can be given as excel formulas The bond you will use, to answer all

image text in transcribedimage text in transcribedUse the info from the first photo for bond information. Answers can be given as excel formulas

The bond you will use, to answer all questions is as follows: $1,000 par value, 5-year, 8.6% coupon bond Coupons payable semi-annually Redemption value equals par value The coupon rate, as usual in the bond world, is a nominal rate payable semi-annually B C D E G F Construct the amortization schedule for Your Bond assuming you pay $1100 for it at time zero. Time (yrs) Beg Balance Interest Payment End Balance 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5

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