1. (a) You require an annual return on your financial investments of 8% per annum. What would you be prepared to pay for
Posted: Fri Mar 04, 2022 9:40 am
- 1 A You Require An Annual Return On Your Financial Investments Of 8 Per Annum What Would You Be Prepared To Pay For 1 (29.21 KiB) Viewed 53 times
1. (a) You require an annual return on your financial investments of 8% per annum. What would you be prepared to pay for an annuity that offered you £1,000 every six months for the next two years? (b) A three-year bond is issued with a 9% coupon paid annually, and a maturity value of £100. If the current yield-to-maturity for three-year bonds is 12%, what is the issue price?