On 4 February 2010 a company issued a bond with a face value of $250,000 that matures exactly 25 years later. The coupon

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answerhappygod
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On 4 February 2010 a company issued a bond with a face value of $250,000 that matures exactly 25 years later. The coupon

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On 4 February 2010 a company issued a bond with a face value of
$250,000 that matures exactly 25 years later. The coupon rate is 5%
p.a. compounded half-yearly. What is the bond's value on 4 February
2019 assuming the market yield is 6% p.a. compounded
half-yearly.
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