Find the future value of a three year 100 dollar annuity, Financial Management

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Find the future value of a three year 100 dollar annuity

1. The duration of a ten-year, 10 percent coupon bond when the interest rate is 10 percent is 6.76 years. What happens to the price of the bond if the interest rate falls to 8 percent?

2. Find the future value of a three year 100 dollar annuity due when the stated rate is 10%, compounded quarterly. Be very specific as to how you are doing this.

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Financial Management: Find the future value of a three year 100 dollar annuity

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Financial Management: Find the future value of a three year 100 dollar annuity

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