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*Assume this corporate bonds pay 2x annually Please show what values to enter in order to solve this using a financial calculator (N,I/YR,PV,PMT,FV) Also please
*Assume this corporate bonds pay 2x annually
Please show what values to enter in order to solve this using a financial calculator (N,I/YR,PV,PMT,FV)
Also please show how you might answer this in Excel to confirm the above answer.
Please show steps/work to obtain values.
practice question:
part a:What is the PV of a 25-year corporate bond issued 8 years ago paying 5.75% when similar bonds today pay a 4.75%?
part b: What is the current yield?
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