Question
I HAVE A HOMEWORK PROBLEM WHERE I AM PROVIDED WITH A SERIES OF INPUTS AND BASED ON THE INPUTS I NEED TO DETERMINE THE ANSWERS
I HAVE A HOMEWORK PROBLEM WHERE I AM PROVIDED WITH A SERIES OF INPUTS AND BASED ON THE INPUTS I NEED TO DETERMINE THE ANSWERS - CALLED OUTPUTS.
THE INPUTS ARE:
Years to maturity 10.5
Yield to maturity 8.4%
Bond price $ 945
Coupons per year 2
I NEED TO CALCULATE THE FOLLOWING:
Present value of final payment
Present value of coupon payments
Coupon payment
Coupon rate
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
