Identify the gerund phrase in the following sentence.
1 answer:
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Answer:
The value of a bond can be calculated by the formula;
r is the required return
n is the number of periods
P is the par value
Coupon = 10% * 1,000 = $100
1. Required return is 8%.
= $1,134.20
2. Required return is 10%
= $1,000
3. Require return is 12%;
= $887.00