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You have the following bond: $1000 Par Value, 21 year maturity, Coupon = 9.1%, semi-annually compounded, Mkt rate of 11.25%. You pay $810 for the bond today. What is the NPV of this financial

You have the following bond: $1000 Par Value, 21 year maturity, Coupon = 9.1%, semi-annually compounded, Mkt rate of 11.25%. You pay $810 for the bond today. What is the NPV of this financial instrument? Make your answer positive, 2 decimal places.

 

May 19 2021 View more View Less

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