Please Show BAII Plus Calculator processSolution Using finan
Please Show BAII Plus Calculator process
Solution
Using financial calculator BA II Plus - Input details:
#
I/Y = Rate or yield / frequency of coupon in a year =
10.000000
PMT = Payment = Coupon rate x FV / frequency =
-$80.00
N = Total number of periods = Number of years x frequency =
20
FV = Future Value or Face Value =
-$1,000.00
CPT > PV = Present Value of Bond = Price of bond =
$829.73
| Using financial calculator BA II Plus - Input details: | # |
| I/Y = Rate or yield / frequency of coupon in a year = | 10.000000 |
| PMT = Payment = Coupon rate x FV / frequency = | -$80.00 |
| N = Total number of periods = Number of years x frequency = | 20 |
| FV = Future Value or Face Value = | -$1,000.00 |
| CPT > PV = Present Value of Bond = Price of bond = | $829.73 |
