Exam (elaborations)
FINE 6050 - Exam 1 & 2 - Study Guide
- Course
- FINE 6050
- Institution
- Tulane University
1.) BOND & STOCK VALUATION Example 1: What is the price of a $1,000 par, pure discount bond having six years left to maturity, and whose YTM is 8.25%? Which Formula to Use? PV= F (1+rt ) t How to Work the Problem: PV = $1,000/(1+.0825)6 PV = $621..50 Question 1: How do you calculate ...
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