Asked by sue
How do you calculate the bond value suing semiannual analysis? Bond is 1000 par value, annual interest of 9 percent and yield to maturity is 12 percent annual interest. There are 15 years to maturity.
Answers
Answered by
mark
Callaghan Motors' bonds have 25 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 12%, and the yield to maturity is 5%. What is the bond's current market price? Round your answer to the nearest cent.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.