Solution: Using any financial calculator, we use the following data : FV = 1000 S emiannual coupon PMT = 1000 * 9%/2 = 45 N = 8*2 = 16 discount rate I/Y
Question: Using any financial calculator, we use the following data :
- FV = 1000
- S emiannual coupon PMT = 1000 * 9%/2 = 45
- N = 8*2 = 16
-
discount rate I/Y = 8.5%/2 = 4.25%
Compute the present value.
Deliverable: Word Document 
Solution: Assume a bond has the following characteristics Bond
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