Question: Please explain everything on how to calculate this including steps to type into the financial calculator. Bond Return 1: You bought a $10,000-face 1%-coupon bond

Please explain everything on how to calculate this including steps to type into the financial calculator.

Please explain everything on how to calculate this including steps to type

Bond Return 1: You bought a $10,000-face 1%-coupon bond that had four years of remaining maturity one year ago. Rates were 5%. You sold the bond today and lost 6% on your entire bond investment. What did you buy the bond for? (Round to the nearest Dollar)

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