If $1,000.000, 11% bonds, 10 year pay annually with a market rate of 12% how do you figure the selling price?© BrainMass Inc. brainmass.com June 3, 2020, 9:55 pm ad1c9bdddf
If $1,000,000, %11 bonds, 10 year pay annually the with a market rate of 12% how do you figure the selling price
Calculating Price of bond
To calculate the price of the bond we need to calculate / read from tables the values of
PVIF= Present Value Interest Factor
PVIFA= Present Value Interest ...
The solution calculates bond price. The market rates are examined.