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John purchases a 1000 par value 20-year bond with coupons at 5% convertible semiannually which will be redeemed for R. The purchase price is 619.79
John purchases a 1000 par value 20-year bond with coupons at 5% convertible semiannually which will be redeemed for R. The purchase price is 619.79 and the present value of the redemption value is 124.97.Calculate R.
Question John Duro 1000 W bond with coupon come which will be read the purchase on the role ola O A 100 1.700 O 0.900 OL1000 A.600
B.700
C.800
D.900
E.1000
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