$ 1 0 0 , 0 0 0 in bonds due in 5 years with an interest...
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Question:
$ in bonds due in years with an interest rate stated rate of Interest is paid at the yearend. Market rate is at date of issuance. What is the present value?
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Answer rating: 100% (QA)
ANSWER To calculate the present value of the bond we need to use the formula f... View the full answer
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