Question: Question 1 2 4 pts Calculate out the present value of the following bond contract: Coupon payments of $ 5 0 , 0 0 0

Question 12
4 pts
Calculate out the present value of the following bond contract:
Coupon payments of $50,000 at the end of each year for the next 15 years with annual compounding
$450,000 principal payment at the end of the 15 th year
The annual market rate of interest is 12%
Round to the nearest dollar.
 Question 12 4 pts Calculate out the present value of the

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