More time value of money practice problems. How would you solve these using a financial calculator? What values would you enter for N, I/YR, PV, PMT, and FV ? Alternatly, how would you solve this using MS Excel ? (please show formulas) *assume corporate bonds pay 2x annually and have a FV on $1000 a) What is the PV of a 25-year corporate bond issued 8 years ago paying 5.75% when similar bonds today pay a 4.75%? What is the current yield?
More time value of money practice problems. How would you solve these using a financial calculator? What values would you enter for N, I/YR, PV, PMT, and FV ? Alternatly, how would you solve this using MS Excel ? (please show formulas) *assume corporate bonds pay 2x annually and have a FV on $1000 a) What is the PV of a 25-year corporate bond issued 8 years ago paying 5.75% when similar bonds today pay a 4.75%? What is the current yield?
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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Alternatly, how would you solve this using MS Excel ? (please show formulas)
*assume corporate bonds pay 2x annually and have a FV on $1000
a) What is the PV of a 25-year corporate bond issued 8 years ago paying 5.75% when similar bonds today pay a 4.75%? What is the current yield?
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