Bond Question, Semiannual Interest? - bond interest calculator
Suppose that five years ago, Cisco Systems has a loan of 15, which had sold a face value of $ 1,000 and an interest rate of 7 percent. The interest payments made semi-annually.
If the current interest rate rose to 10%, at what price bonds sold today?
This is what I log on at:
N = 10
I / Y = 10
PMT = 70
FV = 1000
What should I do differently?
I've still got a good answer, please tell me what plug in more, I must put my semi-annual interest payment simulator? How can I do?
Tuesday, December 8, 2009
Bond Interest Calculator Bond Question, Semiannual Interest?
1 comment:
not configure anything on the computer. Monthly Payment only means that you 15 years x 2 hours = 30, 7% / 2 = nominal interest rate of 3.5% to 10% / 2 = discount rate of 5%. Remember that all of this means that interest is complicated twice per year, but the interest rate set each year.
Hope this helps
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