Help with finance!
Having a hard time solving the following:
Present and Future Values, and Expected Returns
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Go to the Yahoo Finance Bonds Center. http://finance.yahoo.com/bonds
- Under: Bonds Center click Bond Screener:
- Click the Corporate check box under Bond Type then click Find Bonds.
- Choose any bond.
Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What other factors may influence the value of a bond?
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