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    ShyTyler's Avatar
    ShyTyler Posts: 2, Reputation: 1
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    #1

    Mar 26, 2007, 06:16 AM
    Practical Finanical Management/ Finanical Formulas
    Hi, I am new at this and I am in my last semester for college. I can not get the answers to my questions. No matter how much I read and reread the chapter I still don't understand how to get the answers to my homework questions. I am in Practical Finanical Management and I am using a BAII Plus Calculator. Could please help me I am really struggling with these, I just don't understand and I am becoming very frustrated. Here is my first question:Calculate the market price and current yield of a $1000 face value bond under the following conditions:
    Coupon Rate Time Until Maturity Current Market Rate
    a.12% 15yrs 12%
    b.6% 5 yrs 10%
    c.8% 25 yrs 6%
    d.12% 20 yrs 9%
    e.5% 6 yrs 10%

    Thank you,
    Nikki
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
    Uber Member
    		  
    #2

    Mar 26, 2007, 06:20 AM
    A quick googling truns up many sites to learn the concepts:
    Advanced Bond Concepts: Bond Pricing
    ShyTyler's Avatar
    ShyTyler Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Mar 26, 2007, 07:51 AM
    Thank you. But I have tried to Google and didn't find anything that was helpful. I also went to the link that you provided and I am still confused on how to do it.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #4

    Mar 26, 2007, 08:30 PM
    a.12% 15yrs 12%

    On your calculator, you punch in:
    FV = 1,000
    N = 15
    I = 12%
    PV =??
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