Question
I'm having issues with this problem: 100 bonds (each with a $1,000 face value and a 3.25% coupon rate) that are five years from their
I'm having issues with this problem:
100 bonds (each with a $1,000 face value and a 3.25% coupon rate) that are five years from their 10-year maturity date
I need to know the present value if I choose to cash them now and the future value if I wait until maturity. I like to use Excel for my calculations.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
