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Suppose that on December 3 1 , 2 0 2 1 , Netflix issued a bond with the following terms Answer the following questions for
Suppose that on December Netflix issued a bond with the following terms
Answer the following questions for this bond.
Question
What are the quarterly coupon payments of the bond?
Question
What will the principal payment of the bond be at the end of the years?
Question
What is the present value of the coupon payments, rounded to the nearest dollar?
Question
What is the present value of the principal payment, rounded to the nearest dollar?
Question
What is the issue price of the bond both the coupon payments and the principal payment rounded to the nearest dollar?
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