Business, 29.07.2020 02:01 reese4232

Bob is evaluating a bond issue to determine the right price for the bond. In his evaluation, he gathers the following information: N = 8 years INT = .025 or 2.5% PMT = $25 FV = $1,000 (par value)
What is the above bond issue worth in today's dollars?
a. $1,000
b. $1,181.63
c. $1,200.50
d. None of the above

Answers: 1

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Bob is evaluating a bond issue to determine the right price for the bond. In his evaluation, he gath...

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