Question: Please don't solve by excel, by hand writing please. thank you Question 13.05 An n-year bond has the following characteristics: Coupons are paid semiannually. Par

 Please don't solve by excel, by hand writing please. thank you

Please don't solve by excel, by hand writing please. thank you

Question 13.05 An n-year bond has the following characteristics: Coupons are paid semiannually. Par value is 1,000 . The ratio of the semiannual coupon rate r to the semiannual yield rate i is 1.25. The present value of the redemption value is 543. Given that (1+i1)n=0.7026, calculate the price of the bond. A 914.75 B 1,000.00 C 1,080.03 D 1,160.06 E 1,175.94

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