Question: Please solve this. A 30 year 10,000 (face value) bond pays 3.5% annual coupons and matures at par. It is purchased to yield 5% annually

Please solve this.

Please solve this. A 30 year 10,000 (face value) bond pays 3.5%

A 30 year 10,000 (face value) bond pays 3.5% annual coupons and matures at par. It is purchased to yield 5% annually for the first 15 years and 8% annually thereafter. Calculate the price of the bond

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