Expected market value of a bond


Problem:

What is the expected market value of a bond that has 5 years to maturity, a yield of 6.5% a coupon rate of 7.5%, a cost basis of 10354.18 and a fair market value of 10,000? The bond pays interest semiannually. Please explain in detail and show all work.

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Finance Basics: Expected market value of a bond
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