Business, 28.11.2020 02:50 lclaudettecarte3550
This morning, Mary bought a ten-year, $1000 par value bond with a 7.0% coupon rate and annual payments. She paid $994 for the bond. If the market interest rate on this type of bond decreases to 6.5% tonight, how much will Mary receive for her first coupon payment?a. $32.50.b. $35.00.c. $65.00.d. $69.58.e. $70.00.
Answers: 1
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You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?
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Business, 22.06.2019 03:00
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Business, 22.06.2019 07:40
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Business, 22.06.2019 14:40
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This morning, Mary bought a ten-year, $1000 par value bond with a 7.0% coupon rate and annual paymen...
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