There is a 5 year zero coupon bond on the market with the nominal value of 10,000 PLN. The yield to maturity for this bond is 6%. Calculate the value of a quarterly coupon paid at the beginning of the...

Extracted text: There is a 5 year zero coupon bond on the market with the nominal value of 10,000 PLN. The yield to maturity for this bond is 6%. Calculate the value of a quarterly coupon paid at the beginning of the quarter by the "console" (i.e. perpetual bond) which currently cost the same as the above mentioned zero coupon bond. The rate of return ("the yield to maturity") from this console is 5.171%. What is the interest on this console if the nominal value of this console is 10,000PLN? A BI II