What is the bond present value the coupons

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Reference no: EM131890497

a) What is the value of a $1000 bond that is paying 3.5% annual coupon rate in annual payment over 10 years until it matures if its yield to maturity is 6% ?

b) What is the bond's present value if the coupons are paid semiannually?

Reference no: EM131890497

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