What would you pay for a $185,000 debenture bond that matures in 15 years and pays $9,250
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Question:
What would you pay for a $185,000 debenture bond that matures in 15 years and pays $9,250 a year in interest if you wanted to earn a yield of:
5%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
Amount to Pay
$enter a dollar amount to pay rounded to 0 decimal places
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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