Question: You can do these problems with a calculator just make sure to show what you typed in. ex: n= i/y= pv= pmt= fv= answer: 1)A

You can do these problems with a calculator just make sure to show what you typed in.

ex:

i/y=

pv=

pmt=

fv=

answer:

1)A 10-year corporate bond has a coupon rate of 6% with annual payments.If interest rates rise to 7% on similar bonds then what is the value of the bond in the marketplace?

2)A 10-year corporate bond has a coupon rate of 6% with annual payments.If interest rates rise to 5% on similar bonds then what is the value of the bond in the marketplace?

3)A 10-year corporate bond has a coupon rate of 6% with semi-annual payments.If interest rates rise to 7% on similar bonds then what is the value of the bond in the marketplace?

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