Question
A semi-annually compounding bond has a Coupon 0.05 Term of 5 yrs 10 Total payments Face Value $1000 Present Value $957.35 What is the PMT
A semi-annually compounding bond has a
Coupon 0.05
Term of 5 yrs
10 Total payments
Face Value $1000
Present Value $957.35
What is the PMT and YTM of the bond?
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
