A man wants to make 14% nominal interest compounded semi - annually on a bond investment How much should the man be willing to pay bow for a 12%, P10,000 bonds that will mature in 10 years and pays interest semi - annually?

P8, 94050 Correct
P3, 11805
P2, 58419
P86782

Feedbacks

TiredVulture - 2 years ago

Upvoted this question

Similar ENG-6203 questions

A man paid P110,000 for a P100,000 bonds that pays P4000 per year In 20 years, the bond will be rede...
A machine part to be machined may be made either from an alloy of aluminum or steel There is an orde...
A machine part to be machined may be made either from an alloy of aluminum or steel There is an orde...
A man decided to paint his house himself after office hours He can paint 25sqm per hr on the average...
A man expects to receive P25, 000 in 8 years How much is that money worth now considering interest a...
A manufacturing firm maintains one product assembly line to produce signal generators Weekly demand...