A European bond has a par value of 1000 Euros, a coupon rate of 4.5 percent and a yield to maturity of 3.2 percent. The bond has 19 years to maturity. Coupons are made annually. What is the value of the bond?

Bond Price​= 1,182.96

Step-by-step explanation:

Giving the following information:

Par value= 1,000

Cuopon= 1,000*0.045= 45

YTM= 3.2%

Number of years (n)= 10

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 45*{[1 - (1.032^-19)] / 0.032} + [1,000 / (1.032^19)]

Bond Price​= 633.31 + 549.65

Bond Price​= 1,182.96

answer

false

explanation

these practices describe the manner the land use outcome is attained. land management methods implemented by corporations are a mandatory because they are a driver for better land use results economically, socially and environmentally. corporations are required to understand the connection between land use , and land management practices to support sustainable land use policies

898.1666667

step-by-step explanation:

5389/6 = 898.1666667