Please do not use an online calculator and solve those questions with explanations and equations (The answer is given by the way) What is today's value of $5,000 value bond that that has a 9 coupon payment (interest paid semi annually) which has 14 years to maturity The bond is priced to yield 4 Answer 7,660 16

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Question: Please do not use an online calculator and solve those questions with explanations and equations. (The answer is given by the way) What is today's

Please do not use an online calculator and solve those questions with explanations and equations. (The answer is given by the way)

Please do not use an online calculator and solve those questions with

What is today's value of $5,000 value bond that that has a 9% coupon payment (interest paid semi-annually) which has 14 years to maturity? The bond is priced to yield 4%. Answer: 7,660.16

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