An investor buys a 35 20-year bond with a face value of


An investor buys a 3.5% 20-year bond with a face value of $10000 for $10414.22. If the purchaser holds the bond to maturity, how much is the present value of the purchase at an ROI of 3.69% per year compounded semi-annually?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: An investor buys a 35 20-year bond with a face value of
Reference No:- TGS0986694

Expected delivery within 24 Hours