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Imagine an investor has a 9 percent $100,000 bond in December of 2009. By January 2010, the market is currently offering 10 percent? PVOA =
Imagine an investor has a 9 percent $100,000 bond in December of 2009. By January 2010, the market is currently offering 10 percent? PVOA = PMT x [PVOA factor for n=10 semiannual periods, i=5% per semiannual period] PVOA = $4,500 x [7.722] PVOA = $34,749 How do you get the 7.722, without using the PVOA table?? What would you plug into your calculator to get the 7.722 or what is the equation to get the
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