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If john bought a bond for $1000.00 at 10% for 10 years, one year later needed to sell it. the market value is now 8%. How much is his bond worth? Please show me how you arrive at the answer. Thank you. I am depserate. Any help would be appreciated. Oone other question , what are the rights of capital providers (creditors and shareholders) in liquidation?
Hey can some help me, please
Group lifesaver are you still around????
1. Find the future value of the bond after 10 yrs, then discount count it back 9 years. 2. Do the exact same thing for 8% instead of 10% 3. Subtract the two
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