Busıness Fınance I Deneme Sınavı Sorusu #846301

How much should you pay for a $50 bond with 12% coupon, annual payments, and 5 years to maturity if the interest rate is 14%?


$35,56

$57,49

$49,65

$46,57

$39,85


Yanıt Açıklaması:

$50*0.12 = $6 coupon

$6/1.14 + $6/(1.14^2) + $6/(1.14^3) + $6/(1.14^4) + ($50 + $6)/(1.14^5) = $46,57 

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