Question
A 5-year bond that pays $50 per year for 5 years plus a final payment of $1000 sells for $957.88. The cash flows associated with
A 5-year bond that pays $50 per year for 5 years plus a final payment of $1000 sells for $957.88. The cash flows associated with this investment are: CF(0) = -$957.88, CF(1) = ... = CF(4) = $50, and CF(5) = $1050 If you buy the bond, what rate of return are you earning on your investment?
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Sustainable Value Creation An Inevitable Challenge To Business And Society
Authors: Teun Wolters
1st Edition
3031353501, 978-3031353505
