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total return off this bond this is for homework, just kind of lost looking for the return on this 2million dollar bond based off bi
total return off this bond
this is for homework, just kind of lost looking for the return on this 2million dollar bond based off bi anual payments for 10 years at this market rate and anuall perxentages listened in the excel document
\begin{tabular}{llr} 2 & & \\ 3 & Bond & $2,000,000 \\ 4 & Maturity & 10 years \\ 5 & Annual Interest Payments & 2 \\ 6 & Interest Rate & 6% \\ 7 & Marktet Interest Rate & 5.96% \\ \hline \end{tabular} Total Interest Payments 20 ($671,140.94) \begin{tabular}{llr} 2 & & \\ 3 & Bond & $2,000,000 \\ 4 & Maturity & 10 years \\ 5 & Annual Interest Payments & 2 \\ 6 & Interest Rate & 6% \\ 7 & Marktet Interest Rate & 5.96% \\ \hline \end{tabular} Total Interest Payments 20 ($671,140.94) Step by Step Solution
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