Question
What is todays value of a $500 par value bond that has a 5% coupon payment with interest paid semi-annually, which has 5 years until
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What is todays value of a $500 par value bond that has a 5% coupon payment with interest paid semi-annually, which has 5 years until maturity. The bond is priced to yield at 8%?
A. 356.52
B. 337.78
C. 439.16
What is todays value of a $500 par value bond that has a 5% coupon payment with interest paid semi-annually, which has 5 years until maturity. The bond is priced to yield at 8%?
| A. | 356.52 |
| B. | 337.78 |
| C. | 439.16 |
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
