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

Complete the sentences with must have or can't have and the verb. 1- Jamal didn't come into work last week. He ___ must have been (be) ill. 2- Joel did the opp
Which of the following is a scaled copy of figure A.
What Time is it ?? Help me out pls
One factor that does not determine the price elasticity of demand is? A) time needed to adjust to price changes. B) relative need and relative cost C) availabil
Expand 3x(2+11x) Expand 5x³(5x+1) State the gradient of the line y=5-5x State the gradient of the line 7=3x-4
What is the correct answer for this?
A distorted image that must be viewed by some special means to be recognized.
How long will it take to make 4,000 if you make 8.50per hour. ( 5hrs for 5 days)
what your school needs most write your speech
Write a story that ends with the statement "Just then, the principal came in."​