Question: How would compute the answer using excel formula =pv Question 1. GTF Corporation has 5 percent coupon bonds on the market with a par of

How would compute the answer using excel formula =pv

How would compute the answer using excel formula =pv Question 1. GTF

Question 1. GTF Corporation has 5 percent coupon bonds on the market with a par of $1,000 and 15 years left to maturity. The bonds make annual interest payments. If the market interest rate on these bonds is 6 percent, what is the current bond price

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