Exam (elaborations)
FINE 6050 - Exam 1 & 2 - Study Guide.
- Course
- FINE 6050
- Institution
- Tulane University Law School
1.) BOND & STOCK VALUATIONExample 1:What is the price of a $1,000 par, pure discount bond having six years left to maturity, andwhose YTM is 8.25%?FPV=Which Formula to Use?t(1+r)tHow to Work the Problem:PV = $1,000/(1+.0825)6PV = $621..50Question 1:How do you calculate the Pure Discount Bond's Y...
[Show more]