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I need a complete work manually, without excel. 4.1.6 A 25-year bond with a par value of 1000 and 10% coupons payable quarterly is selling
I need a complete work manually, without excel.
4.1.6 A 25-year bond with a par value of 1000 and 10% coupons payable quarterly is selling at 800. Calculate the annual nominal yield rate convertible quarterly.
n = 25 xq = 0.10 -100 j: 0.025 + - (00 800 - 1000 via Vj 1000 (0.005) a Tools - City) 800 - 1000 ( it) 5 0 = 1.0 V + 0.03125 a 1solj +25 ( + (' -) 4.1.6 A 25-year bond with a par value of 1000 and 10% coupons payable quarterly is selling at 800. Calculate the annual nominal yield rate convertible quarterly. n = 25 xq = 0.10 -100 j: 0.025 + - (00 800 - 1000 via Vj 1000 (0.005) a Tools - City) 800 - 1000 ( it) 5 0 = 1.0 V + 0.03125 a 1solj +25 ( + (' -) 4.1.6 A 25-year bond with a par value of 1000 and 10% coupons payable quarterly is selling at 800. Calculate the annual nominal yield rate convertible quarterlyStep by Step Solution
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