What is the present value of a bond with a par value of


What is the present value of a bond with a par value of $1,000 and a 4.5% coupon rate that is paid semi-annually for 10 years at 5% interest? (round to the nearest dollar)

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the present value of a bond with a par value of
Reference No:- TGS02923095

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)