Bond Project FIN 445

This assignment covers bond valuation and investment strategies as part of a finance project.

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Running head: FINANCE1Bond ProjectFIN 445NameInstitutionBOND PROJECT FIN 445[15 points]First, calculate the value of a corporate bond using the information below.Do this calculation by hand and show all of your work!Second, convert the value toprice; round to 3decimals.Settlement Date:5/15/2016Maturity Date:5/15/2018Coupon rate:4.50%UST Yield:2.25%

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