Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Accounting    Ask about another Subject  
 
PDA

missl
Nov 22, 2007, 09:56 PM
Hi, can someone help me out on this question. I am kind of new at doing bonds. Thanks :)


A bond with a face value of 1000 bears interest at 10 % payable semi-annually. The bond matures on Aug 1 2009. What is the selling price of the bond on April 18, 2007, to yield 9% compoundd semi-annually???
qcmar24
Nov 25, 2007, 10:54 AM
Hi, can someone help me out on this question. I am kind of new at doing bonds. Thanks :)


A bond with a face value of 1000 bears interest at 10 % payable semi-annually. The bond matures on Aug 1 2009. What is the selling price of the bond on April 18, 2007, to yield 9% compoundd semi-annually???
To help you answer this Qs i need to know when the did you buy the bond or how many years does it take for the bond to mature.