Question
1) Which Excel function can you use to compute the bond price? Select one: a) FV b) NPER c) Rate d) PV e) NPV 2)
1) Which Excel function can you use to compute the bond price?
Select one:
a) FV
b) NPER
c) Rate
d) PV
e) NPV
2) A Bond has 10 years to maturity and coupon rate of 6.5%. The face value of the bond $1000 and the coupon payment is payable annually. If the current market yield for the bond is 7%, the fair price of the bond is $___________. (rounded with two decimal points)
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
