Question: Show step-by-step solution and solve manually: 4. What is the price of a 5-year bond that pays coupon annually at the rate of 4.5% per

Show step-by-step solution and solve manually: 4. What is the price of a 5-year bond that pays coupon annually at the rate of 4.5% per annum if the principal is 50,000 pesos and the YTM is 8% compounded annually?

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