Tuesday
September 16, 2014

Homework Help: Pre-Calculus

Posted by Stacy on Friday, December 10, 2010 at 6:05am.

What is the present value of a $1000 bond which pays $50 a year for 10 years, starting one year from now? Assume interest rate is 6% per year, compounded annually

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Engineering economy - General Electric issued 1000 debenture bonds 3 years ago ...
calculating annuity - IF a company will generate 80,000 in annual revenue each ...
bond valuation - Bond valuation The Garraty Company has two bond issues ...
bond valuation - Bond valuation The Garraty Company has two bond issues ...
finances - Calculate the future value of the following: o $5,000 compounded ...
Finance - 2. You are now considering adding a corporate bond to your investment ...
Business - A bond price of $987.50 has a face value of $1000, pays 5% ...
accounting - A bond price of $987.50 has a face value of $1000, pays 5% ...
Economics - Isabella buys a $1,000 bond that matures in 10 years (that is, she ...
Finances - Assume that you have two contracts to choose from: Contract A pays $5...

Search
Members