What price would you be willing to pay for a bond that has a face value of $1000, a coupon rate of 8%, will take 20 years to mature, and your required rate of return is 7%.
BOND PRICING WORKSHEET Determine the value of the bond for the following, use (submit) an excel file with your answers, should be able to click on the answer and see your formula Indicate if the price is at Par, Premium or Discount (where applicable) 1) A bond matures in 5 years, has an annual coupon […]