Question
calculate the price per $100 Face value of a bond purchased on April 2018. The maturity date of the bond is March, 2022. The rate
calculate the price per $100 Face value of a bond purchased on April 2018. The maturity date of the bond is March, 2022. The rate of interest is 9,5% The yield is 8% and the redemption value s $100, The US (NASD) 30/360 day count basis is used and payments are made semi-annually.
note - to be solved in excel with formula shown only with price function in excel
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
