What is the bond price of a $1,000 face value bond, with an 8% coupon rate paid semi-annually, that has a required retur

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 bond price of a $1,000 face value bond, with an 8% coupon rate paid semi-annually, that has a required retur

Post by answerhappygod »

What is the bond price of a $1,000 face value bond, with an 8%coupon rate paid semi-annually, that has a required return of 7.5%if
A. The bond has 16 years maturity?
B. The bond has 20 years maturity?
C. What is the Duration of the bond with 16 years maturity,given the above information.
D. What is the Duration of the bond with 20 years maturity,given the above information
Please show how to do in Excel and what would be inputted in theformula bars for each calculation.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply