A twelve year 5,000 par valued floating rate bond with annual coupons
has a price P such that the investor's
APY is 8%. The annual coupon rate
for the n-th year is given by the function .07+.0035*n
a. Find the price P
b. Find the amount of Principal P 6 in the sixth coupon payment
c. Find the interest I 5 in the fifth coupon payment
d. Find the amount of the discount or premium for this bond.