Question: please show work by hand with equations A bond has a par value of $1000 and a coupon rate of 9.5%. The bond matures in

please show work by hand with equations A bond has a

please show work by hand with equations

A bond has a par value of $1000 and a coupon rate of 9.5%. The bond matures in 9 years. What is the value of the bond if similar bonds yield 4%

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