I already ask this but I whant know how you do the calculation, please could you show me all the step and the calculation. A $1,000 bond has 7.5 percent, what should be the price of the bond. If a current interest rate are 10 percent, what should be the price of the bond? b. If after 6 years interest rate are still 10 percent, what should be the price of the bond? e. Chnage the interest rate in A and B to 6 percent and rework . even though the interest rate is 6 percent in both calculation, why are the bond prices different?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 5MC: What would be the value of the bond described in Part d if, just after it had been issued, the...
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I already ask this but I whant know how you do the calculation, please could you show me all the step and the calculation.

A $1,000 bond has 7.5 percent, what should be the price of the bond. If a current interest rate are 10 percent, what should be the price of the bond?

b. If after 6 years interest rate are still 10 percent, what should be the price of the bond?

e. Chnage the interest rate in A and B to 6 percent and rework . even though the interest rate is 6 percent in both calculation, why are the bond prices different?

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