I already ask this but I whant know how you do the calculation, please could you show me all the step and the calculation. A $1,000 bond has 7.5 percent, what should be the price of the bond. If a current interest rate are 10 percent, what should be the price of the bond? b. If after 6 years interest rate are still 10 percent, what should be the price of the bond? e. Chnage the interest rate in A and B to 6 percent and rework . even though the interest rate is 6 percent in both calculation, why are the bond prices different?
I already ask this but I whant know how you do the calculation, please could you show me all the step and the calculation. A $1,000 bond has 7.5 percent, what should be the price of the bond. If a current interest rate are 10 percent, what should be the price of the bond? b. If after 6 years interest rate are still 10 percent, what should be the price of the bond? e. Chnage the interest rate in A and B to 6 percent and rework . even though the interest rate is 6 percent in both calculation, why are the bond prices different?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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I already ask this but I whant know how you do the calculation, please could you show me all the step and the calculation.
A $1,000 bond has 7.5 percent, what should be the price of the bond. If a current interest rate are 10 percent, what should be the price of the bond?
b. If after 6 years interest rate are still 10 percent, what should be the price of the bond?
e. Chnage the interest rate in A and B to 6 percent and rework . even though the interest rate is 6 percent in both calculation, why are the
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