a question` (1 Viewer)

[cqut]

a 10000 par value bond with coupons at 8% ,conbertible semiannually ,is being sold 3 years and 4 months before the bond matures ,the purchase will yield 6% convertible semiannually to the buyer ,the price at the most recent coupon date ,innediately after the coupon payment ,was 5640,
calculate the market price of the bond ,assuming compound interest throughout

1 5500
2 5520
3 5560


who can tell me the answer and why ``` more details`
thanks a lot in advance`

 

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[Rami]

Finance 101 Homework?

Just use a financial calculater
plug in i, fv, pv and n

 

[baggio]

5560.


Dont ask why.

 

[ßöмßäяðîëя]

43

 

[Mr. Gol]

++ [ originally posted by cqut ] ++
a 10000 par value bond with coupons at 8% ,conbertible semiannually ,is being sold 3 years and 4 months before the bond matures ,the purchase will yield 6% convertible semiannually to the buyer ,the price at the most recent coupon date ,innediately after the coupon payment ,was 5640,
calculate the market price of the bond ,assuming compound interest throughout

1 5500
2 5520
3 5560


who can tell me the answer and why ``` more details`
thanks a lot in advance`

I highlughted the parts that I didn't understand. Unless some economic genius comes along I think you will have a hard time finding an answer here...

 

[ßöмßäяðîëя]

You forgot "..the bond" in the second line too.

 

[swag]

You know, it seems like every morning I wake up asking myself the same question...

 

[ßöмßäяðîëя]

Do you always have three choices?

 

[swag]

You know it! Me and my #2 pencil...

 

[ßöмßäяðîëя]

DA!

 

[cqut]

++ [ originally posted by baggio ] ++
5560.


Dont ask why.

WHY

 

[madlawyer1]

You're a lazy student cqut

 

[JuVeMaNia86]

I'm really lazy to think

 

[del pietro]

u have to use the annuity formula.