b) suppose that the market interest rate is 5%. Calculate the present value of the following. Show how your answer is obtained. calculation using a formula, not using excel. i）A coupon bond with an...

b) suppose that the market interest rate is 5%. Calculate the present value of the following. Show how your answer is obtained. calculation using a formula, not using excel.

i）A coupon bond with an annual coupon payment of $135 and a face value of $1500 that matures in five years.

ii) A discount bond with a face value of $5000 that matures in one years.