Question: 2. Exercise Two: You are a trader from BlackRock, and you are selling a 30 year bond, having an 8% coupon rate, and Par Value

2. Exercise Two: You are a trader from BlackRock, and you are selling a 30 year bond, having an 8% coupon rate, and Par Value (i.e. Face Value) of $1,000. The market rate is 4.25%. If the bond offers semi-annual coupons, what is the minimal price for which you are willing to sell this bond today? Assume no transaction costs (Hint: Use the annuity discounting

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