e cel x Using a Spreadsheet to Calculate Bond Values. What is the value of a $1,000

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e cel x Using a Spreadsheet to Calculate Bond Values. What is the value of a $1,000 bond with a 12-year maturity and an 8 percent coupon rate (paid semiannually) if the required return is 5 percent, 6 percent, 8 percent, and 10 percent? ( LG 3-2 ) Periodic The Bond Face Total Coupon Required Value Value Payments Payment Return ⇒ Will Be $1,000 12 2  24 1,000(.08)/2  40 5% $1,268.27 1,000 24 40 6 1,169.36 1,000 24 40 8 1,000.00 1,000 24 40 10 862.01

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Financial Markets And Institutions

ISBN: 9780078034664

5th Edition

Authors: Anthony Saunders, Marcia Cornett

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