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You invest in a 10 -year $10,000 bond that pays interest at an annual rate 7% every 6 months for 10 years. The market rate

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You invest in a 10 -year $10,000 bond that pays interest at an annual rate 7% every 6 months for 10 years. The market rate (yield), i.e., what you will eam on the bond is 5%. Thus, you will receive the maturity value of $10,000 at the end of 10 years, and interest payments every 6 months of $350(10,0007%6/12). Requited: Calculate the issue price of the bond - the amount you will invest today to purchase this bond Required: Prepare an investment schedule for the first two months. You invest in a 10 -year $10,000 bond that pays interest at an annual rate 7% every 6 months for 10 years. The market rate (yield), i.e., what you will eam on the bond is 5%. Thus, you will receive the maturity value of $10,000 at the end of 10 years, and interest payments every 6 months of $350(10,0007%6/12). Requited: Calculate the issue price of the bond - the amount you will invest today to purchase this bond Required: Prepare an investment schedule for the first two months

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