Piedmont Flyers Bond Selling Price & Returns on Bonds Problems Assignment
Piedmont Flyers Bond Selling Price & Returns on Bonds Problems Assignment
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1. The Piedmont Flyers have issued a 30-year bond with a face value of $1000 and a 5% coupon rate. The market is yielding 7%, what is the current selling price of the bond? PV FV PMT N I
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