Question
what is the formula for PV in bond given: FV=1000 Coupon rate= 7% Annual coupon payment= 70 years to maturity(nper) =25 yield to maturity=8% (I
what is the formula for PV in bond given:
FV=1000
Coupon rate= 7%
Annual coupon payment= 70
years to maturity(nper) =25
yield to maturity=8%
(I know how to solve in excel im just trying to understand the actual formula)
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Finance For Non Financial Managers
Authors: Pierre Bergeron
6th Edition
0176501630, 9780176501631
