Determining the current selling price


A U.S. Government bond with a face amount of $10,000 with 8 years to maturity is yielding 3.5%. What is the current selling price?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determining the current selling price
Reference No:- TGS0675668

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)