Loose Leaf for Foundations of Financial Management Format: Loose-leaf
Loose Leaf for Foundations of Financial Management Format: Loose-leaf
17th Edition
ISBN: 9781260464924
Author: BLOCK
Publisher: Mcgraw Hill Publishers
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Chapter 10, Problem 3P

For the first 20 bond problems, assume interest payments are on an annual basis.

Exodus Limousine Company has $ 1 , 000 par value bonds outstanding at 10 percent interest. The bonds will mature in 50 years. Compute the current price of the bonds if the percent yield to maturity is

a. 5 percent.

b. 15 percent.

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Applied Software has a $1,000 par value bond outstanding at 12 percent interest. The bonds will mature in 25 years. Compute the current price of bonds if the percent yield to maturity is :  a. 11 percent  b. 13 percent  c. 16 percent
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Loose Leaf for Foundations of Financial Management Format: Loose-leaf

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Bonds Explained for Beginners | Bond Types 101; Author: TommyBryson;https://www.youtube.com/watch?v=yuKmHTgqZ5o;License: Standard Youtube License