Question: Question 4 Consider a four - year bond with a face value of ( $ 1 , 0 0 0 ) .

Question 4 Consider a four-year bond with a face value of \(\$ 1,000\). The bond pays coupons at an annual coupon rate of 5\%, and has a yield to maturity (YTM) of 4\% per annum. (i) Compute the price of the bond. (ii) Compute the price of the bond if the coupons are paid semi-annually. (In addition to the maual solution, use both the bond pricing formula and the PV function to obtain your answers in Excel. Answers should be accurate to the nearest cent)
Question 4 Consider a four - year bond with a

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