Question: 5. A twelve year 5,000 par valued floating rate bond with annual coupons has a price P such that the investor's APY is 8%. The

5. A twelve year 5,000 par valued floating rate bond with annual coupons has a price P such that the investor's APY is 8%. The annual coupon rate for the n-th year is given by the function .07+.0035'n a. Find the price P b. Find the amount of Principal Pe in the sixth coupon payment c. Find the interest Is in the fifth coupon payment d. Find the amount of the discount or premium for this bond. 5. A twelve year 5,000 par valued floating rate bond with annual coupons has a price P such that the investor's APY is 8%. The annual coupon rate for the n-th year is given by the function .07+.0035'n a. Find the price P b. Find the amount of Principal Pe in the sixth coupon payment c. Find the interest Is in the fifth coupon payment d. Find the amount of the discount or premium for this bond

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