Question
Par Value Coupon Rate Years to Maturity Yield to Maturity Price $5000 12% 15 6% ? $5000 10% 15 8% ? $1000 9% 30 12%
| Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
| ||
| $5000 | 12% | 15 | 6% | ? | |||
| $5000 | 10% | 15 | 8% | ? | |||
| $1000 | 9% | 30 | 12% | ? | |||
| $5000 | 6% | 20 | 11% | ? | |||
Find the price for each.
I put in to numbers into my financial calculator and keep getting the wrong answer. Not sure why. If you use a financial calculator, please explain the inputs because I cannot figure out where I am making my mistake.
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrod Harford, David Stangeland, Andras Marosi
3rd Canadian Edition
0135418178, 978-0135418178
