Finance Book Value Formula
Sunday, August 14th, 2011
does anyone have the formula for this problem-imlost and have no clue how to do this–help!!?
heres the question if u answer this ur a finance god!!
A bond is available for purchase that has a face value of $10000, an 8% coupon, payable semiannually, and 20yrs of its original 25 yrs left to maturity. Approximately how much would you pay for the bond if the market return on similar bonds is 10%…
my book was stolen and i cant find anything on the internet—can some one pleasse help–i need this question for a test –thanks
$75,000. You need to buy it at a discount in order to increase it’s return to match the market return..
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