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Suppose an investment has cash flows of $12,814, $7,308 and $9.903 in years 0 through 2 respectively. If the required return is 17 percent,
Suppose an investment has cash flows of $12,814, $7,308 and $9.903 in years 0 through 2 respectively. If the required return is 17 percent, what is the NPV of this investment? (Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.) Stranger Things, Corp. has a $1,000 face value bond. This bond has a coupon rate of 4.1 percent paid semiannually and 10 years to maturity. The yield to maturity on this bond is 4.5 percent. What is the price of this bond? (Do not round any intermediate Talculations, Round your final answer to 2 decimal places and enter it in the box below.)
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