uppose you considering buying a 10-year bond. This bond will pay ou 1603 taka every year for the ext 10 years. Interest rate during his 10-year period is expected to emain constant at 5.6%. What is the maximum taka

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Suppose you considering buying
a 10-year bond. This bond will pay
you 1603 taka every year for the
next 10 years. Interest rate during
this 10-year period is expected to
remain constant at 5.6%.
What is the maximum taka
amount that you are willing to pay
for this bond today?
Please Asap!
Transcribed Image Text:Suppose you considering buying a 10-year bond. This bond will pay you 1603 taka every year for the next 10 years. Interest rate during this 10-year period is expected to remain constant at 5.6%. What is the maximum taka amount that you are willing to pay for this bond today? Please Asap!
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