Value the following bonds in a spreadsheet:
a. 30 year bond paying 8% semiannually at a yield to maturity of 9%.
b. 25 year bond paying 9% quarterly, callable at end of year 6 at a call price of 105 at a yield to call of 4%.© BrainMass Inc. brainmass.com June 4, 2020, 4:57 am ad1c9bdddf
This response provides a step-by-step solution for estimating the current value of bonds in the given cases.