What is the market price of a $1,000 par value 18 year bond that pays 3.6% compounded annually when the market yield is

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

What is the market price of a $1,000 par value 18 year bond that pays 3.6% compounded annually when the market yield is

Post by answerhappygod »

What is the market price of a $1,000 par value 18 year bond that pays 3.6% compounded annually when the market yield is 6 %?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”