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kyle696969
22.09.2019 •
Business
Your friend barbara has a bond that she would like to sell to you. the bond matures in 10 years, has a face value of $1,000 and a coupon interest rate of 6% (paid annually). if you know that the yield to maturity on similar bonds is 8%, what is the maximum price you would be willing to pay for the bond?
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Ответ:
Variables:
C=coupon payment $60
n=number of years 10
i= market rate or required yield = 8%
k= number of coupon payments in 1 yr = 1
P=value at maturity or par value= 1000
Ответ:
Consumers also have a say in what goods shall be produced. Bricks are a derived demand from houses. Give a Council tax rebate when a house has a garage .