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please use present worth equation with factors i posted it for you to type the answer? #11 A 10 -year bond with a face value
please use present worth equation with factors
i posted it for you to type the answer?
#11 A 10 -year bond with a face value of 10,000 was issued with an annual coupon rate of 6% APR, and dividends paid quartercy (a) What is the amount of the bond dividend? (b) You purchase the bond now, and will sell it in 5 years for 88,800 . Based on a nominal interest rate =10% pe Year retum on investment, what is the present Value of the bond at the time of Purchase Step by Step Solution
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