Question: please answer using math , show work please . (a) A 7-year bond with $3 semiannual coupons is redeemable at $100 and yields 1% convertible

please answer using math , show work please .

(a) A 7-year bond with $3 semiannual coupons is redeemable at $100 and yields 1% convertible semiannually. Calculate the present price (in dollars). (4) (b) A 20 year bond with redemption value of 100 was purchased at 90.00. The yield rate of the bond is 5% compounded semiannually. Determine the amount of semiannnal coupons of the bond. (6)

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