Question: Please show work for calculations and formulas to understand better (no excel) yes BA II PLUS is what iam using Answer the questions based on
Please show work for calculations and formulas to understand better (no excel)yes BA II PLUS is what iam using
Answer the questions based on the following FINRA bond quote (face value=1,000) for Ford Motors, Incorporated (assume coupons are paid on a semi-annual basis, and today is March 28, 2019). Company Coupon Maturity Last Price Ford Motors 7.750 Mar 28, 2039 946.3 (a) What is the market interest rate or YTM for this Ford Motors Bond? (b) What is the effect yield (i.e., EAR)
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