Question: 1. Professor Kostovetsky purchases a 10-year ( 4 % )-coupon Treasury bond for its current market price of ( $ 937.23 ) and then holds
1. Professor Kostovetsky purchases a 10-year ( 4 % )-coupon Treasury bond for its current market price of ( $ 937.23 ) and then holds it until maturity. What is his Net Present Value (NPV) from this investment? A. ( $ 0 ) B. ( $ 62.77 ) C. ( $ 462.77 ) D. ( $ 4062.77 )
Professor Kostovetsky purchases a 10-year 4 % -coupon Treasury bond for its current market price of $937.23 and then holds it until maturity. What is his Net Present Value (NPV) from this investment? A. $0 B. $62.77 C. $462.77 D. $4062.77
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