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trying to solve this with excel, if you could show me the excel formulas you did :) What is the PV of a bond with
trying to solve this with excel, if you could show me the excel formulas you did :)
What is the PV of a bond with a current rate of 12%, a coupon rate of 9%, 10 years to maturity, and monthly compounding? NPER (N) 10 RATE (Coupon) 9.0% PV (Coupon Price) $1,000 PMT RATE (Market Rate) 12% PV (Market Price) ? FV $1,000 Compounding period 12 Compute? 825.75 Step by Step Solution
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