Asked by Yvonne
I just brought a finanical calculator and i don't really know how to use it yet. The textbook said to calculate the price of the bond:
Price=Coupon x Annuity factor (r, T)+ Par Value x PV factor (r, T)
I was just wondering how to punch in the annuity factor and PV factor parts into the calculator? What is the button on the financial calculator?
thanks.
Price=Coupon x Annuity factor (r, T)+ Par Value x PV factor (r, T)
I was just wondering how to punch in the annuity factor and PV factor parts into the calculator? What is the button on the financial calculator?
thanks.
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