Question: Please show all calculation please dont use excel if possible and try to explain each and every point thank you 4.) Flipflop Footwear has issued

Please show all calculation please dont use excel if possible and try to explain each and every point thank you

4.) Flipflop Footwear has issued bonds that have a 10% coupon rate, payable semi-annually. The bonds mature in 6 years and have a face value of $1,000 and a yield to maturity of 5%. What is the price of the bonds?

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