if we have a bond with a discount rate of 10%, pays $60 every year for the

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if we have a bond with a discount rate of 10%, pays $60 every year for the next 5 years and also pays $1000 at the end of five years, then the value today is:

RATE:10%

NPER:5

PMT:$60

PV:??

FV:$1000

In Excel you type in:

=PV(10%,5,60,1000)[and take the negative]

What do you get?

Posted Date: May 17, 2024 05:09 PM

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if we have a bond with a discount rate of 10%, pays $60 every year for the

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