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FV = $1000, N = 3 Years, I/Y = 10%, Coupon Rate = 6%, assuming its paid and compounded continuously, find the PV. PLEASE DON'T
FV = $1000, N = 3 Years, I/Y = 10%, Coupon Rate = 6%, assuming its paid and compounded continuously, find the PV.
PLEASE DON'T ANSWER USING THE ANNUITY FORMULA LIKE IN HERE:
https://www.chegg.com/homework-help/questions-and-answers/bond-valuation-continous-compounding-assuming-following-fv-1000-n-3-years-y-10-coupon-rate-q101602888
I ALREADY HAVE 1 CHANCE FOR A QUESTION WASTED BECAUSE OF THIS.
THE CORRECT FORMULA MUST HAVE THE EULER'S NUMBER!
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