Suppose an investor is considering the purchase of a 5 year, $1,000 par value bond bearing a nominal rate of interest of
Posted: Mon Mar 21, 2022 4:35 pm
Suppose an investor is considering the purchase of a 5 year,
$1,000 par value bond bearing a nominal rate of interest of 7% per
annum. If the investor's required rate of return is 8%, what should
he be willing to pay now to purchase the bond if it matures at
par?
$1,000 par value bond bearing a nominal rate of interest of 7% per
annum. If the investor's required rate of return is 8%, what should
he be willing to pay now to purchase the bond if it matures at
par?