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Par Value Duration (yrs) Bond Terms $1,000 5 Coupon 4.00% Frequency Semiannual Current rates: 4.75% Bond features: Callable at Par MACd 4.572 Modified Duration
Par Value Duration (yrs) Bond Terms $1,000 5 Coupon 4.00% Frequency Semiannual Current rates: 4.75% Bond features: Callable at Par MACd 4.572 Modified Duration 4.466 Using the bond data above, what is the present value of the bond? Do not include the $ in your answer.
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Principles of Fraud Examination
Authors: Joseph T. Wells
4th edition
1118922344, 9781118803264, 1118582888, 9781118922347, 1118803264, 978-1118582886
