Revision as of 18:23, 19 November 2023 by Admin (Created page with "'''Solution: B''' The coupons are 1000(0.09)/2 = 45. The present value of the coupons and redemption value at 5% per semiannual period is <math display = "block">P=45a_{\overline{4000}|0.05}+1200(1.05)^{-40}=942.61\,. </math> {{soacopyright | 2023 }}")
Exercise
ABy Admin
Nov 19'23
Answer
Solution: B
The coupons are 1000(0.09)/2 = 45. The present value of the coupons and redemption value at 5% per semiannual period is
[[math]]P=45a_{\overline{4000}|0.05}+1200(1.05)^{-40}=942.61\,.
[[/math]]
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