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| rev | Admin | (Created page with "A 20-year bond with 8% annual coupons is purchased at a price of P. The face amount of the bond is F. The price assumes an annual effective yield rate of 4%. The change in book value of the bond during the 8th year is equal to 43.24. Calculate P. <ul class="mw-excansopts"><li>2315</li><li>2470</li><li>2625</li><li>2780</li><li>3085</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 21:13 | +371 |