Question
14.0 - Future price of a bond. Use Excel to solve the following problem. Please show all Excel commands / arguments. A 25-year $1,000 par
14.0 - Future price of a bond. Use Excel to solve the following problem. Please show all Excel commands / arguments.
A 25-year $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $950. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
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Financial Times Handbook Of Corporate Finance A Business Companion To Financial Markets Decisions And Techniques
Authors: Glen Arnold
2nd Edition
0273726560, 978-0273726562
