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A $300,000 20year, 8% bond. Interest payable 2X per year. Market rate is 8% Bond No. 2 A $200,000, 10 year, 10% bond, interest is
A $300,000 20year, 8% bond. Interest payable 2X per year. Market rate is 8%
Bond No. 2
A $200,000, 10 year, 10% bond, interest is payable annually. Market rate is 9%
Bond No. 3 ,
A $100,000 5 year, 8% bond, interest payable 3 X per year, Market rate is 12%
For each bond, calculate what the bond should sell for.
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