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Variable Value Description T 10 Maturity c 10% Coupon rate C $100.00 Coupon ($) r 10% discount rate Face value $1,000.00 Method 2 Bond value=PV
Variable Value Description T 10 Maturity c 10% Coupon rate C $100.00 Coupon ($) r 10% discount rate Face value $1,000.00
Method 2 Bond value=PV of an annuity (coupons)+PV (face value) using excel
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
