Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An investor purchases a 5-year, $1,000 par value bond that pays semiannual interest of $50. if the semiannual market rate od interest is 6%, what
An investor purchases a 5-year, $1,000 par value bond that pays semiannual interest of $50. if the semiannual market rate od interest is 6%, what is the current market value of the bond? (FV of $1, PV of $1, PVA of $1, FVAD of $1 and PVAD OF $1)
TABLE 6 Present Value of an Annuity Due of $1 PVAD - [' 1? The w 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4,5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.06 20.0% 1 1.00000 1.00000 1.00000 1.00000 100000 100000 1.00000 1.00000 1.00000 1.00000 2 1.00000 100000 1.00000 1.00000 1.00000 100000 1.00000 1.00000 1.99010 1.98522 1.98039 1.97561 1.97087 1.96618 3 1.96154 1.95694 1.95238 1.94787 2.97040 2.95588 2.94156 292742 2.91347 2.89969 1.94340 1.93458 1.92593 1.91743 1.90909 1.90090 1.12 1.83333 2.88609287267 285941 2.84612 283339 2.00802 2.78326 2.75911 2.73554 2.71252 2.69005 2.52778 4 3.94099 3.91220 3.88388 3.85602 3.82861 3.80164 3.77509 3.74896 5 372325 3.69793 3.67301 36732 3.57710 3.53129 3.48685 3.44371 3.40183 3.10648 4.90197 4.85438 4.80773 4.76197 4.71710 4.67308 462990 4.58753 454595 4 SOSIS 4.46511 438721 431213423972 4.16987 4.10245 4.00735 3.58873 6 5.85343 5.78264 5.71346 5.64583 5.57971 5.51505 5.45182 5.3998 5.3298 5.27028 5.21236 5.10020 4.99771 468965 4.79079469590 4.60478 3.99001 7 6.79548 6.69719 6.60143 6.50813 6.41719 6.32855 6.24214 6.15787 6,07509 5.99553 5.91732 5.766545.62238 548592 5.35526 5.23054 5.11141 4.32551 B 7.72819 7.59821 747199 7.34939 7.23028 7.11454 7.00205 689270 6.78637 6.66297 6.58238 6.30929 6 20637 6.03295 5.86842 5.71220556376 4.60459 9 8.65168 8.489938.32540 8.17014 01909 787396 7.73274 7.59589 7.46321 733457 7. 209796.97130 6.74664 6.53402 6.33493 6.14612 5.96764 4.63716 10 1.56602 9.360529.16224 8.970878786118607698435338.26579810782 7.95220 7.80109 7.51523 724609 6.99525 6.75902 6 53705 6.32825 5.03097 11 10.47130 10.22218 9.90259 9.75205 9.53020 9.31661 11000 8.91272 8.721738.53763 8.36000 3.02358 7.71000 741766 7.14457 6.88923 6.650225.19247 12 11,36763 11.07112 10.76605 10.51421 10.25262 10 00155 9.760482.52892 9.306419.09254 8.86667 3.49867 8.13096 7.00519 7.49506 7.20652 6.93770 5.32705 13 12.25508 11.90751 11.57534 11.25776 10.95400 10,66333 10 38507 10.11858 9.36325 9.61852 9.30364 8.94269 8.53608 8.16073 7.81369 749236 7.19437 5.43922 14 13.13374 12.73153 12.34837 11.96318 11.63496 11.30274 10.90565 10.61205 10.39357 10.11708985268 9.35765 8.70378 8.48690.10336 7.74987 7.42355 5.53268 15 14 00370 13.54338 13.10625 12.69091 12.29607 11.92052 11.56312 11.22283 10.07864 10. Sams 10.299 0.745479.24424 8.76615 8.36667 7.98187 7.62817 5.61057 16 14.86505 14.34323 13.84926 13.38138 12.93794 12.51741 12.11839 11.73955 11.37966 11.03758 10.71225 10.10791 4.55918 9.06069 8.60608 8.19087 7.81086 5.67547 17 15 71787 15.13126 14.57771 14.03500 13.56110 13.09412 12.65230 12.23402 11.03777 11.46216 11.10590 1044665 9.851379.31256 8.82371 8.37916 7.97399 5.72956 18 16.56225 15.90765 15.29187 14.71220 14.10612 13.65132 13.16567 12.70719 12.27407 11.86461 1147726 10.76322 10.12164 9.54363 9.02155 8.54879 8.11963 5.77463 19 17.39827 1667256 15.99203 15.35336 1475351 14.18968 1365930 13.15999 12.60999 12 24807 11.82760 11.05909 10.37169 9.75563 9.20141 8.70162 824967 5.81219 20 1822601 1742617 16.67846 15.97889 15.32300 14.70984 1413394 13.99329 13.08532 12.60765 12.15812 11.33560 10.60360 9.95011 9.36492 8.83929 8.365785.84350 21 19.04555 18.16864 17.35143 16.50916 15.87747 15.21240 14.57033 14.00794 13.46221 12.95038 12.46992 11.59401 10.81815 10.12855 9.51356 8.96333 8.469445.86958 25 22 24339 21.03041 19.91393 18.86499 17.93554 1705837 16.24696 15.49548 1479864 14.15170 13.55036 12.46933 11.52876 10.70661 9.98474 9.34814 8.78432 5.93710 30 26.06579 24.37608 22 84438 2145385 20.18845 19.03577 17.98371 17.02189 16.14107 15.33310 14.59072 13.27767 12.15841 11.19828 10.36961 9.65011 9.02181 5.97472 40 33.16303 3036458 27.90259 25.73034 23.80822 22.10250 2058448 19.22966 18.01704 16.92866 15.94907 14.26493 12.87858 11.72552 10.756.96 9.93567 923303 5.99592 please use factors drom the table provided.
please help me answer this before 3:30pm
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started