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I want to make sure ive done this right trying to find the present value 1. What is the Present Value of a corporate bond
I want to make sure ive done this right trying to find the present value
1. What is the Present Value of a corporate bond with 30 years remaining to maturity, a PAR value of $10,000, a coupon rate of 9%, and a Yield To Maturity of 7.5% ? N=IY=CPTPV=PMT=FV=307.5$2205.1590$10000 2. What is the Present Value of a corporate bond with 20 years remaining to maturity, a Face Value of $1,000, a coupon rate of 6.5%, and a Yield To Maturity of 12% ? N=I/Y=CPTPV=PMT=FV=2012%$589.1865$1000Step by Step Solution
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