chanellhuntley9168 chanellhuntley9168
  • 19-02-2020
  • Business
contestada

What is the value of a 20-year, zero-coupon bond with a face value of $1,000 when the market required rate of return is 9.6 percent, compounded semiannually?

Respuesta :

kaympoey08
kaympoey08 kaympoey08
  • 20-02-2020

Answer:

The answer is $153.30

Explanation:

Value= M / (1 + i)^n  = 1000/[ (1+(0.096/2))^40] = $153.30

Value is $153.30

Answer Link

Otras preguntas

What word describes all of the processes that happen in a living thing?
Describe the wavelength of a longitudinal wave.
Which of the following is incapable of reproducing outside a host cell? -alga -mold - moss -virus
Describe the wavelength of a longitudinal wave.
during a recent regular season, a taxas ranger baseball player had 126 hits and was a bat 399 times. write a fraction in simplest form to represent the ratio o
Line RS bisects PQ at point R. Find RQ if PQ = 4 3/4
Describe the wavelength of a longitudinal wave.
what are the starting ingredients of photosynthesis?
Find the density of an object that has a mass of 5 kg and a volume of 50 cm3
Describe the limitations of using models to represent atoms