Finance Assignment | Top Essay Writing
March 17th, 2020
You are considering the purchase of an S 1,500 face value of a bond that pays 12% coupon interest per year and with a maturity of 10 years, calculates the present value of the bond if:
a) The Required rate of return (m) is 10%. (2 marks)
b) The Required rate of return (xx) is 13%. (2 marks)
c) What do your answers to part (A) and (B) say about the relation between the present value and face value? Get Finance homework help today