Business Studies, asked by wwwalvinanil13579, 15 days ago

a ₹100 par value bond bearing a coupon rate of 12 percent will mature after 5 years. what is the value of the bond if the discount rate is 15 percentage?

Answers

Answered by prathamesh299

3

The answer is C) $1,060 - The value

Answered by ՏʍɑɾեíҽƓմɾƖ

4

Answer:

Vb = 12 (PVIFA 15%, 5) + 100 (PVIF 15%, 5)

Vb = 12 (3.3522) + 100 (0.4972)

Answer: $89.95

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