Bond value calculation based on a desired Rate of interest

Business & Finance, Finance & Investing, Finance
Cover of the book Bond value calculation based on a desired Rate of interest by Homework Help Classof1, Classof1
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Author: Homework Help Classof1 ISBN: 1230000133203
Publisher: Classof1 Publication: May 15, 2013
Imprint: Language: English
Author: Homework Help Classof1
ISBN: 1230000133203
Publisher: Classof1
Publication: May 15, 2013
Imprint:
Language: English
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Ten years ago I bought a 4% bond that had a face value of $10,000 for $9,300. The bond paid semi-annual interest and I would like to sell it now. How much would I need to receive for the bond if I wish to make an interest rate of 5% compounded semiannually on my investment?

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Ten years ago I bought a 4% bond that had a face value of $10,000 for $9,300. The bond paid semi-annual interest and I would like to sell it now. How much would I need to receive for the bond if I wish to make an interest rate of 5% compounded semiannually on my investment?

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