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Assume a par value of $1,000. Caspian Sea plans to issue a 16.00 year, annual pay bond that has a coupon rate of 8.17%.
Posted: Wed Jul 06, 2022 6:28 pm
by answerhappygod
- Assume A Par Value Of 1 000 Caspian Sea Plans To Issue A 16 00 Year Annual Pay Bond That Has A Coupon Rate Of 8 17 1 (15.71 KiB) Viewed 22 times
Assume a par value of $1,000. Caspian Sea plans to issue a 16.00 year, annual pay bond that has a coupon rate of 8.17%. If the yield to maturity for the bond is 7.51%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. Show Hint Assume a par value of $1,000. Caspian Sea plans to issue a 16.00 year, annual pay bond that has a coupon rate of 7.83%. If the yield to maturity for the bond is 8.42%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $1,018.00 per year for 23.00 years? Assume the first payment is made 6.00 years from today and the interest rate is 11.00%.