Question: A 1 0 0 0 par value Bond, carrying a coupon rate of 1 2 percent is maturing in 6 years from now. Find the

A 1000 par value Bond, carrying a coupon rate of 12 percent is maturing in 6 years from now. Find the current price of the bond in the market if the required rate of return of the investor is:
(a)(i)8 percent, (ii)12 percent, and (iii)16 percent.
(b) Perform the calculation for the bond price for 8%,12% and 16% required rate of return if the bond pays interest on a quarterly basis.

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