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ans- to calculate the price of the bonds, we need to discount all of the...

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Accounting

Ans- To calculate the price of the bonds, we need to discount all of the future cash flows of the bonds to their present value using the current market rate of interest. The future cash flows of the bonds consist of the semi-annual coupon payments and the face value of the bond at maturity. The semi-annual coupon payment is equal to the coupon rate times the face value of the bond divided by 2. In this case, the semi-annual coupon payment is equal to $44,000.. There are 20 semi-annual periods between the issuance date of the bond and the maturity date. Therefore, there will be 20 semi-annual coupon payments. Explanation: There are 20 semi-annual periods between the issuance date of

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