challenge $4$

Next, use a financial calculator. You can use your own scientific or financial calculator, or click the calculator button below to access one online.

Assume the annual yield to maturity is $10\%.$

Enter your answer into the space below, then click "Submit" to check your work.

Face Value $($FV$)$

$$5000$

Remaining Payments

$($N$)$

$10$

Coupon

Payment

$($PMT$)$

$$181\mathrm{.}25$

Answer: $