QUESTION 2. Compute the intrinsic value of a 15% coupon, 4-year maturity bond whose principal will be repaid in equal installments after the first 2 years in which there will be no principal payment....

QUESTION 2. Compute the intrinsic value of a 15% coupon, 4-year maturity bond whose
principal will be repaid in equal installments after the first 2 years in which there will be no principal payment.
The face value is 1000₺ and the market interest rate is forecast as 16% for the first year and 17% for the second
year and 18% for the third year.