Question: NO EXCEL PLEASE!!!!! Problem 7: 1. A $1,000 par value ten-year 8% bond has semiannual coupons. The redemption value equals the par value. The bond

NO EXCEL PLEASE!!!!!

NO EXCEL PLEASE!!!!! Problem 7: 1. A $1,000 par value ten-year 8%

Problem 7: 1. A $1,000 par value ten-year 8% bond has semiannual coupons. The redemption value equals the par value. The bond is purchased at a premium to yield 6% convertible semiannually. What is the amount for amortization of the premium in the tenth coupon? 2. A ten-year 5% bond with semiannual coupons is purchased to yield 6% compounded semiannually. The par value and redemption value are both $1,000. What is the book value of the bond six years after issue of the bond

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