PROBLEMS
10-1*
or 1000 +/- FV 80 +/- PMT 12 N 12 I/Y COMP PV giving $752.23
or using APPENDIX D,
using APPENDIX B,
Total Present Value ≈ 495.52 + 257.00 ≈ $752.52
10-3*
Semi-annual coupon payments:
or 1000 +/- FV 45 +/- PMT 16 N 4 I/Y COMP PV giving $1,058.26
or using APPENDIX D,
using APPENDIX B,
Total Present Value ≈ 524.34 + 534.00 ≈ $1,058.34
Annual coupon payments:
or 1000 +/- FV 90 +/- PMT 8 N 8 I/Y COMP PV giving $1,057.47
or using APPENDIX D,
using APPENDIX…
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