Question: Calculations (Please demonstrate how you solve these problems and round numbers to two decimal places). 1) Calculate the value of a $1,000-par-value bond paying quarterly

Calculations (Please demonstrate how you solve these problems and round numbers to two decimal places). 1) Calculate the value of a $1,000-par-value bond paying quarterly interest at an annual coupon interest rate of 10% and having 10 years until maturity if the required return on similar-risk bonds is currently 12% annual rate paid quarterly. Is this bond selling at par, at a discount, or at a premium? (25 pts)

Calcutations (Plense demonstratn how vou solve these problems and cound numbers to two decimal places). 1) Calculate the value of a $1,000-par-value bond paying quarterly interest at an annual coupon interest rate of 10% and having 10 years unth maturity if the required return on similar-fisk bonds is currently 12% annual rate paid quarterly. Is this bond selling at par, at a discount, of at a premium? (25 pts)

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