Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Assume a $1000 face value bond has a coupon rate of 9

Assume a $1000 face value bond has a coupon rate of 9

Finance

Assume a $1000 face value bond has a coupon rate of 9.5% paid semi annually and has an eight-year life. If investors are willing to accept a 12 percent rate of return on bonds of similar quality, what is the present value or worth of this bond?

Option 1

Low Cost Option
Download this past answer in few clicks

2.96 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE