Part (A) Assume an original issue bond with 30 years remaining to maturity which has a coupon rate of
4.5 % and the going rate of interest in the market is 4.5%. Its par value is $1000.
Part (B) What would its price be? Show all calculations, either in formulas or in Excel
Part (C) In Part (A)above, did you actually have to calculate the price? Could make a reason that the price should be $1000.
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