Answer:
$781.99
Explanation:
The price of the bond can be computed using excel pv function given below:
=-pv(rate,nper,pmt,fv)
rate is the semiannual yield to maturity i.e11%*6/12=5.5%
nper is the number of semiannual coupons the bond would i.e 30 semiannual coupons in 15 years
pmt is the amount of semiannual coupon=$1000*8%*6/12=$40
fv is the face value of $1000
=-pv(5.5%,30,40,1000)=$781.99
Lots of ways pick a subject and try hard.
I just bought shelves and I use it to store all my nail supplies
Answer:
Halonia
Explanation:
Sounds very unique and different. Very eye catching. Sounds girly but not too girly.
Answer:
Yes, it does.
Explanation:
It definitely impacts the present value analysis. If we are evaluating two proposals and we ignore the useful lives of the investments, then
- The present values of the investment proposals will be inaccurate.
- The cash flows might be inaccurate.
- The discount factor to be used will also be inaccurate.
- The overall results will be misleading.
- The tax credits and balancing allowances and charges will also be inaccurate.
