calculating finance payments
calculating finance payments
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How do I calculate the funding issue?
Zero coupon bonds zero-coupon bond can be redeemed in 20 years by 20,000 dollars. How much should be willing to pay for now if you want a return of 9% compounded monthly? [Note: A zero coupon bond is a bond that is now sold at a discount and pay their face value upon maturity; no payments are made.]
20000 / 1.0075 ^ 240 =
