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gwsurfside

bond question

How much should you pay for a bond with a $700 face value, a 5% coupon rate, and five years to maturity if your appropriate discount rate is 7% and interest is paid annually?
13:25 Thu 12th Jul 20071 answer, last by CheekyChops 21:45 Thu 12th Jul 2007
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gwsurfside

How much should you pay for a bond with a $700 face value, a 5% coupon rate, and five years to maturity if your appropriate discount rate is 7% ands interest is paid annually?

How much should you pay for a bond with a $700 face value, a 5% coupon rate, and five years to maturity if your appropriate discount rate is 7% ands interest is paid annually?
13:21 Thu 12th Jul 2007

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