What is the current selling price

Reference no: EM13296160

Valuation - zero-coupon bond

A U.S. Government bond with a face amount of $10,000 with 13 years to maturity is yielding 5.5%. What is the current selling price?

I know it has coupon rate of zero so the formula should be Current Selling Price FV(PVFk,n)I am unsure of how to do this formula is it k x n which would be (5.5 X 13) x 10,000 is that correct?

Reference no: EM13296160

Questions Cloud

What is the holding period return to an investor : What is the holding period return to an investor who bought 100 shares of Charter Oil nine months ago for $36 a share, received two $50 dividend checks, and sold the stock today at $38 a share?

Define water have a combined heat capacity : The calorimeter temperature rises 0.42°C. The calorimeter and water have a combined heat capacity of 32.16 kJ/K. Calculate the heat of formation of ammonia, ?H°f, in kJ/mol. The formation reaction for ammonia is: 0.5N2(g) + 1.5H2(g) ? NH3(g).

Compute the magnitude of the motorcycles acceleration : A 284-kg motorcycle is accelerating up along a ramp that is inclined 30.0º above the horizontal. Find the magnitude of the motorcycle's acceleration.

Explain what quantity relating pressure : According to Boyle's law, for a fixed quantity of gas at a given temperature, what quantity relating pressure and volume is constant

What is the current selling price : A U.S. Government bond with a face amount of $10,000 with 13 years to maturity is yielding 5.5%. What is the current selling price?

What minimum work must be supplied to the heat pump : A heat pump extracts 7.0*10^6 J heat per hour from a well at 280K and delivers its output heat into a house at 320K. what minimum work must be supplied to the heat pump per hour

Explain a solution and write down the changes : We did a lab on equilibrium and le chatelier's principle. On one portion, there was a copper complex, and we had to add different components to a solution and write down the changes that took place

What is the customer profit : The customer places 70 orders, orders 24 unique items, 940 total items, and makes 7 returns. What is the customer profit (loss)? $509.80 $7,490.20 $1,800 $1,290.20

What price would you expect coolibahs stock to sell : what price would you expect Coolibah's stock to sell for at the end of three years?

User Account

All Pages