Question: how to do this on excel? im confused 1. Mr. Bond is considering purchasing a bond with 10-year maturity and $1,000 face value. The coupon
how to do this on excel? im confused
1. Mr. Bond is considering purchasing a bond with 10-year maturity and $1,000 face value. The coupon interest rate is 8% and the interest is paid annually. If Mr. Bond requires 12% yield to maturity on the investment, then, what is price of the bond
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