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Question 1 Par = Coupon rate = Bond Term = Coupon PAYMENT = market rate premium = PV = rate = n = PMT =
Question 1 |
Par = |
Coupon rate = |
Bond Term = |
Coupon PAYMENT = |
market rate premium = |
PV = |
rate = |
n = |
PMT = |
FV = |
What's the Present Value of a 50 year bond issued 10 years ago with a 10% Coupon? The market rate premium is 6%. The par value is $1,000. Coupon payments are made quarterly.
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