Question: 4. The Php100,000 face value 4 points of ABC bond has a coupon rate of 6%, with interest paid semi annually. The bond was bought

4. The Php100,000 face value 4 points of ABC bond has

4. The Php100,000 face value 4 points of ABC bond has a coupon rate of 6%, with interest paid semi annually. The bond was bought in November 4, 2015 and matures in November 4, 2020. If the bond is priced to yield 8%, what is the bond's value today? *

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