Question: v Question 1: Rando Ltd issued 15-year bonds with face value totaling $100,000. The bands were issued with coupon rate 6.50%, paid semiannually. Six years

Question 1: Rando Ltd issued 15-year bonds with face value totaling $100,000. The bands were issued with coupon rate 6.50%, paid semiannually. Six years after issue, Rando would like to buy back these bonds from the market. Currently, the market yield on the bonds is 5.75%. Suppose the most recent coupon was just paid. How much will Rando need to pay to buy back all outstanding bonds

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