1. What is the Selling Price and Premium/Discount on a bond which is a 30-Year $500,000.00, paying Semiannual at 5% (annual rate). If:
-The market rate of interest is 4%
-The market rate of interest is 6%
2. What is the Selling Price and Premium/Discount on a bond which is a 10-Year $100,000.00, paying Semiannual at 8% (annual rate). If:
-The market rate of interest is 10%
-The market rate of interest is 5%
-Can you include a step by step guide-