Azero coupon bond will be worth $11,000 when it matures and is redeemed ater 13 years How much would an investor be wiling to pay now for this bond ifa 3% per year yield is desedClick the icon to view the interest and annuity table for dacrete compounding when /3% per yeaThe current worth of the bond is Round to the nearest dolar)

Future value of bond = $11000 Time = 13 years Interest rate = 3%

Azero coupon bond wil be worth $11,000 whenitmatures and is redeened ater 13 year How much would an ievester be w A Cick the icon to view the interest and annuty tabie for decrete compounding when % per yea The cument w

Azero coupon bond wil be worth $11,000 whenitmatures and is redeened ater 13 year How much would an ievester be w A Cick the icon to view the interest and annuty tabie for decrete compounding when % per yea The cument w

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Azero coupon bond will be worth $11,000 when it matures and is redeemed ater 13 years How much would an investor be wiling to pay now for this bond ifa 3% per year yield is desed
Click the icon to view the interest and annuity table for dacrete compounding when /3% per yea
The current worth of the bond is Round to the nearest dolar)

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