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Author Question: (a) Calculate the current value of Bond N. (See Table 6.2) (b) What will happen to value/price as ... (Read 274 times)

beccaep

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on: Jul 10, 2018
(a) Calculate the current value of Bond N. (See Table 6.2)
  (b) What will happen to value/price as the bond approaches maturity?
 
  What will be an ideal response?

Question 2

Of the following which group would be considered INTERNAL PLAYERS of the firm?
 
  A) The finance manager
  B) The shop foreman
  C) The human resources manager
  D) All of the above


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rnehls

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Reply #1 on: Jul 10, 2018
Answer to Question 1

(a) Using financial calculator: PMT=90, N=17, I=15, FV=500, CPT PV = 590.71
(b) The bond price will decrease and come closer to par.

Answer to Question 2

Answer: D


beccaep

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

Chelseyj.hasty

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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