In the equation for the price of a bond p xpvifa what does
In the equation for the price of a bond P = x(PVIFA) what does "x" represent?
For example a bond price is $1083
1083 = 35(PVIFA)
Where does the 35 come from?
Now Priced at $10 (50% Discount)
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in the equation for the price of a bond p xpvifa what does x representfor example a bond price is 10831083
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