Mathematics, 05.12.2019 19:31 abby6628
Eddie believes that a bond he is purchasing today has an effective annual discount rate of 11%. the bond has 3 remaining coupons of $560 each. the first coupon will be paid in 20 months, and each subsequent payment will be one year after. on the date of the last coupon payment the bond will pay out a face value of $15,000. what is the bond’s present value if eddie’s assumption of the discount rate is correct?
a. 10,336.9
b. 13,225.2
c. 14,680.0
d. 12,336.3
e. 11,5072
Answers: 1
Mathematics, 21.06.2019 19:00
Astore has apples on sale for three dollars or 2 pounds how many pounds of apples can you buy for nine dollars if an apple is approximately 5 ounces how many apples can you buy for nine dollars
Answers: 1
Mathematics, 21.06.2019 20:00
Ana drinks chocolate milk out of glasses that each holdof a liter. she has of a liter of chocolate milk in her refrigerator. 10 how many glasses of chocolate milk can she pour?
Answers: 2
Eddie believes that a bond he is purchasing today has an effective annual discount rate of 11%. the...
Mathematics, 11.02.2021 04:10
Mathematics, 11.02.2021 04:10
History, 11.02.2021 04:10
History, 11.02.2021 04:10
Social Studies, 11.02.2021 04:10
History, 11.02.2021 04:10
Biology, 11.02.2021 04:10
Geography, 11.02.2021 04:10
Mathematics, 11.02.2021 04:10
Mathematics, 11.02.2021 04:10
Business, 11.02.2021 04:10