Question

Assuming no brokerage fees, calculate the amount of cash needed to retire baldwin's 11.2s2026 bond early.

Answer 1

Answer:

"The answer is, “Bond Price / 100 * principal”

Bond price is the one that shows the value that is discounted on a certain product. It shows the total future cash stream of a product by a single bond.

Also, the sum of the present value is shown as per the coupon of the maturity that helps in elaborating the future cash flow.

"

Explanation: