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please explain how to do on financial calculator if possible A firm is issuing a bond today that will make no payments for the next
please explain how to do on financial calculator if possible
A firm is issuing a bond today that will make no payments for the next 10 years, but will pay $100 at the end of each year starting at the end of year 11, in perpetuity. If you need a return of 10% a year (EAR), what is the price you will be willing to pay for the bond? Input positive values without commas to the nearest second decimal placeStep by Step Solution
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