A 10% bond with semi - annual coupons and face 9, 000 matures 4 years after issue. What is the amount of principal repaid in the 5th coupon, if the nominal annual yield rate is 9%, compounded semi - annually? Round your answer to two decimal places.
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A 10% bond with semi - annual coupons
and face 9, 000 matures 4 years after issue.
What is the amount of principal repaid in the
5th coupon, if the nominal annual yield rate is 9%, compounded semi - annually? Round your answer to two decimal places.
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