Question
show work not excel thanks 1.3 a. A bond is sold at a discount. Given an interest rate of 4.0% convertible semiannually, a semiannual coupon
show work not excel thanks
1.3
a. A bond is sold at a discount. Given an interest rate of 4.0% convertible semiannually, a semiannual coupon of 1.75 and a book value of 97.75 immediately after the 10th coupon payment. Find the book value immediately following the 11th coupon payment.
Book value after 11th coupon: ___________
b. An 8-year bond has a semiannual coupon rate of 7.0% and a yield rate of 6.5% convertible semiannually. The bond premium amortized in the 11th coupon is 2.06; find the face value of the bond.
Face value of bond: ___________
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Standards For The Professional Practice Of Internal Auditing Statements On Internal Auditing Standards Statement Of Responsibilities Of Internal Auditing Code Of Ethics
Authors: Inst
1st Edition
0894133462, 978-0894133466
