Question: (c) (20 marks) We consider a n-year bond (where n > 10) issued today. You are given that The bond pays coupon semi-annually (The first

(c) (20 marks) We consider a n-year bond (where n >

(c) (20 marks) We consider a n-year bond (where n > 10) issued today. You are given that The bond pays coupon semi-annually (The first coupon is paid 6 months after today). The annual effective yield rate of the bond is 4.8576% and remains unchanged throughout the life of the bond. The book value at the end of 25th month is $3437.6085 The book value at the end of 50th month is $3361.802 Find the book value at the end of 100th month

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