Question: *****************PLEASE SHOW WORK WITH FORMULAS*********************************** 2) Suppose a bond with $1000 face value has a 7% coupon rate, semiannual coupons, 9 years remaining until maturity,

*****************PLEASE SHOW WORK WITH FORMULAS*********************************** 2) Suppose a bond with $1000 face

*****************PLEASE SHOW WORK WITH FORMULAS***********************************

2) Suppose a bond with $1000 face value has a 7% coupon rate, semiannual coupons, 9 years remaining until maturity, and a Yield to Maturity of 5%. What is the value of the bond

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