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You are getting close! Now you just need to calculate the value of this bond. You need to do this 3 ways: Using a
You are getting close! Now you just need to calculate the value of this bond. You need to do this 3 ways: Using a formula Using a financial calculator Using Excel Face Value First, use the formula and clues you collected. Assume an annual yield to maturity of 4%. Enter your answer into the space below, then click "Submit" to check your work. (FV) $5000 1 1 FV Yield to Maturity = CPN [ -(1- )] + Remaining Coupon y (1+y) (1+y)" Payments Payment (N) (CPN) Hint: y yield per payment period 10 $181.25 Answer: $0 Submit
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