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PROBLEM 7-3 BOND VALUATION DATA Years 20 Face value 1,000 Interest 7.0% 70 ROR 10.0% Market price 875 A) Expected rate of return B) Present
| PROBLEM 7-3 | ||
| BOND VALUATION | ||
| DATA | ||
| Years | 20 | |
| Face value | 1,000 | |
| Interest | 7.0% | 70 |
| ROR | 10.0% | |
| Market price | 875 | |
| A) | ||
| Expected rate of return | ||
| B) | ||
| Present value = | ||
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
