Question

DDDDDDDDDD (3 of 10) XYZ bonds have a 7% coupon rate paid quarterly. The par value is $1,000 and the bonds mature in 18 years
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Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

в $1,000.00 7.00% Par value of Bond Coupon rate Coupon frequency in a year Years until maturity Current price of bond 18 $874

Cell reference -

A B 1000 10.07 Par value of Bond Coupon rate Coupon frequency in a year Years until maturity Current price of bond 18 874 Pre

Hope this will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.

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