Question: PLEASE ANSWER WITH HOW TO FIND FUTURE VALUE. IF YOU CANNOT ANSWER THAT DO NOT RESPOND TO THIS QUESTION. Watters Umbrella Corp. issued 15-year bonds
PLEASE ANSWER WITH HOW TO FIND FUTURE VALUE. IF YOU CANNOT ANSWER THAT DO NOT RESPOND TO THIS QUESTION.
Watters Umbrella Corp. issued 15-year bonds 2 years ago at a coupon rate of 8 percent. The bonds make semiannual payments. If these bonds currently sell for 115 percent of par value, what is the YTM?
- DO NOT USE EXCEL. I am using this to study and Excel does not help. Please do not use Excel. Do not answer with Excel.
- Please show step-by-step with formulas. ALL FORMULAS. DO NOT EXCLUDE FORMULAS AND WASTE MY TIME. INCLUDE ALL, FV INCLUDED.
- BA II plus is fine, just include step-by-step with what to press. Thank you kindly, I will upvote.
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