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A bond has the following characteristics. What is the Present Value of this bond? # of years to maturity (N) = 5 Annual Coupon Rate
| A bond has the following characteristics. What is the Present Value of this bond? | ||||
| # of years to maturity (N) = | 5 | |||
| Annual Coupon Rate = | 5% | |||
| Par or Face Value = | $1,000 | |||
| Yield-to-Maturity = | 4% | Required Return | ||
| # of Coupon Payments per Year = | 1 | |||
| Answers | ||||
| a. | $1,044.52 | |||
| b. | $1,077.79 | |||
| c. | $1,194.84 | |||
| Ans. | ||||
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Grow The Pie How Great Companies Deliver Both Purpose And Profit
Authors: Alex Edmans
1st Edition
1108494854,1108849482
