Question
A bond has a coupon rate of 8%, matures in three years, and has a face value of $1,000. The bond cash flow at t=1
A bond has a coupon rate of 8%, matures in three years, and has a face value of $1,000.
The bond cash flow at t=1 is ___________
The present value of the bond cash flow at t=1 (rounded to the nearest penny) is ___________
The bond cash flow at t=2 is __________
The present value of the bond cash flow at t=2 (rounded to the nearest penny) is ____________
The bond cash flow at t=3 is ___________
The present value of the bond cash flow at t=3 (rounded to the nearest penny) is ________
The bond price rounded to the nearest penny is _________
The bond yield to maturity (YTM,) expressed as a percent is ________
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
