'Access bond worksheet' diaporamas de présentation

1. Cpn = FV(r CPN /m) = $1,000(0.08/2) = $40; n = T x m = 10 x 2 = 20

HW 3 Solution. 1. Cpn = FV(r CPN /m) = $1,000(0.08/2) = $40; n = T x m = 10 x 2 = 20 a. P/Y=2, N=20, PV=-1034.74, PMT=40, FV=1000; CPT, I/Y; YTM = 7.5000% b. P/Y=2, N=20, I/Y=9, PMT=40, FV=1000; CPT,PV; V B = $934.96 2. a. Price is below face value; the bond sells at a discount

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