What would you pay for a zero coupon bond discounted at 7% over remaining 9 years
Not what you're looking for?
What price would an investor pay for a $10,000 zero coupon corporate bond if it were disounted at 7% over its remaining life of nine years?
Purchase this Solution
Solution Summary
The response shows the calculation using a financial calculator, and secondly, using a formula. The zero coupon bond discounted is found over the remaining life of nine years is found.
Solution Preview
Interest Rate 7% per annum
Remaining Life 9 years
Future Value of bond $10,000
No Coupon payments
Using FC200 Casio ...
Purchase this Solution
Free BrainMass Quizzes
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.