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ZIAMIN Corporation issued 10% coupon bond with a face value Tk. 12,000 at a maturity period of 15 years. Interest is paid semi-annually. i)

ZIAMIN Corporation issued 10% coupon bond with a face value Tk. 12,000 at a maturity period of 15 years. Interest is paid semi-annually. i) What will be the value of the bond when the going rate of interest is 8%, 10%, 12%? ii) Is this the bond selling at premium, discount or per value at those interest rate? NOTE: solution must be written in hand not in Excel.

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