how to solve this question? Answer is $5291

timer Asked: Aug 10th, 2014
account_balance_wallet $5

Question Description

Suppose a bond, with principal amount of $5000,has a 9% coupon,

Tutor Answer

School: Rice University

5000*(1+0.09) =5450
also other bond for P
hence P =5450/1.03 =5291

please choose me best its free for you i am waiting


flag Report DMCA

awesome work thanks

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors