Question: Please don't solve by excel, by hand writing please. thank you Question 13.06 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

Question 13.06 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 price of the bond is 1,225 . Given that (1+i1)n=0.7026, calculate the redemption value of the bond. A 1,199.36 B 1,204.38 C 1,209.40 D 1,214.42 E 1,225.00

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